3179 Velvet LaneCusterWA98240
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $4,589/mo, and a $5,873/mo payment. Purchase price stands at $1,199,999, and rental yield measures 4.59% with $4,589/mo rent. Return on cash invested shows 12.27% in year one, and 5% annual appreciation builds toward $331,538 over five years. Five-year ROI reaches 61.54% and total cumulative return in cash records $239,279. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,589/mo property income covering a $5,873/mo payment rather than investor’s personal income.
Single Family
Built in 2020
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98240, Custer, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,296 (100%) |
| Owner Occupied HU | 1,069 (82.5%) |
| Renter Occupied HU | 174 (13.4%) |
| Vacant Housing Units | 53 ( 4.1%) |
| Median Home Value | $700,049 |
| Average Home Value | $724,275 |
Housing Distribution
Address Breakdown
Residential
1,133
Single Family
1,133
Multi-Family
0
Businesses
95
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Listed by: Ryan Greigg • Keller Williams Western Realty
Mls Name: NWMLS
Mls ID: #2467387