32801 SE 310th StreetRavensdaleWA98051
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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
Investment property for sale in Ravensdale at 32801 SE 310th Street, Ravensdale, WA, 98051 earns $1,495/mo cash flow from $4,200/mo rent with a $2,203/mo payment. Total monthly income totals $4,200/mo, and annual cash flow totals $17,934/yr on $149,175 capital. ROI tracks 31.93% on current figures, and rental yield reads 11.2% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 167.09% and total cumulative return in cash sums $249,258. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,200/mo property income instead of your personal income.
Single Family
Built in 1960
6,594 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98051, Ravensdale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,434 (100%) |
| Owner Occupied HU | 1,158 (80.8%) |
| Renter Occupied HU | 186 (13.0%) |
| Vacant Housing Units | 90 ( 6.3%) |
| Median Home Value | $936,380 |
| Average Home Value | $1,043,266 |
Housing Distribution
Address Breakdown
Residential
1,286
Single Family
1,286
Multi-Family
0
Businesses
116
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Listed by: Shirley J. Grindel • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2412686