32730 Hemlock Avenue SEBlack 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 32730 Hemlock Avenue SE, Black Diamond, WA, 98010 generates $3,443/mo in rent, after a $2,936/mo payment. Total monthly income is $3,443/mo. Return on cash invested sits at 19.07% in year one, and rental yield is 6.89% on a $599,950 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,755 over five years. Five-year ROI reaches 98.09% and total cumulative return in cash sums $193,616. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,443/mo property income rather than buyer’s personal income.
Townhouse
Built in 2021
1,006 sqft 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: Hannah Wendling • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2435307