37657 Teel Lane NEHansvilleWA98340
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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 Hansville at 37657 Teel Lane NE, Hansville, WA, 98340 generates $3,352/mo in rent, after a $4,371/mo payment. Total monthly income is $3,352/mo. Return on cash invested sits at 11.83% in year one, and rental yield is 4.5% on a $893,000 entry. Equity gained on principal adds $5,762/yr, while 5% annual appreciation builds toward $246,719 over five years. Five-year ROI reaches 59.22% and total cumulative return in cash sums $173,974. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,352/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98340, Hansville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,563 (100%) |
| Owner Occupied HU | 1,143 (73.1%) |
| Renter Occupied HU | 99 ( 6.3%) |
| Vacant Housing Units | 321 (20.5%) |
| Median Home Value | $691,217 |
| Average Home Value | $734,948 |
Housing Distribution
Address Breakdown
Residential
1,150
Single Family
1,150
Multi-Family
0
Businesses
31
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Listed by: Sheryl Wingate • Redfin
Mls Name: NWMLS
Mls ID: #2282890