335 N Madison StreetMonroeWA98272
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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 Monroe at 335 N Madison Street, Monroe, WA, 98272 offers $3,065/mo rent that, after a $2,055/mo payment, leaves $541/mo cash flow. Total monthly income is $3,065/mo, and annual cash flow is $6,493/yr on $139,213 cash. Return on cash invested measures 24.57% in year one, and rental yield stands at 8.76% at a $419,950 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,024 by year five. Five-year ROI records 127.64% and total cumulative return in cash reaches $177,687. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,065/mo property income versus a $2,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98272, Monroe, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,069 (100%) |
| Owner Occupied HU | 8,158 (73.7%) |
| Renter Occupied HU | 2,412 (21.8%) |
| Vacant Housing Units | 499 ( 4.5%) |
| Median Home Value | $784,884 |
| Average Home Value | $871,653 |
Housing Distribution
Address Breakdown
Residential
10,519
Single Family
9,598
Multi-Family
921
Businesses
1,124
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Listed by: Ashley Black • Gilpin Realty, Inc.
Mls Name: NWMLS
Mls ID: #2458865