32002 Union DriveBlack DiamondWA98010
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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
Rental property for sale in Black Diamond at 32002 Union Drive, Black Diamond, WA, 98010 generates $3,517/mo in rent and, after a $2,442/mo payment, leaves $518/mo in cash flow. Total monthly income is $3,517/mo, and annual cash flow is $6,213/yr on $165,419 invested. Return on cash invested sits at 23.67% in year one, and rental yield is 8.46% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 122.74% and total cumulative return in cash sums $203,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,517/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98010, Black Diamond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,295 (100%) |
| Owner Occupied HU | 2,684 (81.5%) |
| Renter Occupied HU | 440 (13.4%) |
| Vacant Housing Units | 171 ( 5.2%) |
| Median Home Value | $964,639 |
| Average Home Value | $1,018,839 |
Housing Distribution
Address Breakdown
Residential
3,368
Single Family
3,192
Multi-Family
176
Businesses
196
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Listed by: Chris Gurnee • eXp Realty
Mls Name: NWMLS
Mls ID: #2459132