332 S Shelley Lake LnVeradaleWA99037
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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 Veradale at 332 S Shelley Lake Ln, Veradale, WA, 99037 priced at $563,200 pairs $2,607/mo rent with after a $2,757/mo payment. Total monthly income equals $2,607/mo. Return on cash invested is 14.4% in year one, and rental yield stands at 5.55% on a $563,200 basis. Equity gained on principal adds $3,634/yr, and 5% annual appreciation accumulates to $155,602 by year five. Five-year ROI measures 73.28% and total cumulative return in cash reaches $135,782. For financing, Ziffy Mortgage’s DSCR program evaluates $2,607/mo property income against a $2,757/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
9,147 sqft lot
$N/A/sqft
$50 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99037, Veradale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,321 (100%) |
| Owner Occupied HU | 4,125 (56.3%) |
| Renter Occupied HU | 2,982 (40.7%) |
| Vacant Housing Units | 214 ( 2.9%) |
| Median Home Value | $526,688 |
| Average Home Value | $563,407 |
Housing Distribution
Address Breakdown
Residential
6,914
Single Family
5,618
Multi-Family
1,296
Businesses
565
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Listed by: Nicole Page • Windermere Valley
Mls Name: SMLS
Mls Provider:
Mls ID: #202516260
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.