37708 N Lakeside DrElkWA99009
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Nearby investment properties with comparable prices
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 Elk at 37708 N Lakeside Dr, Elk, WA, 99009 earns from $3,048/mo rent with a $3,328/mo payment. Total monthly income totals $3,048/mo. ROI tracks 14.26% on current figures, and rental yield reads 5.38% at a $679,999 purchase. Equity gained on principal adds $4,388/yr, and 5% annual appreciation supports $187,871 over five years. Five-year ROI reaches 72.36% and total cumulative return in cash sums $161,892. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,048/mo property income instead of your personal income.
Single Family
Built in 1963
0.75 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99009, Elk, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,839 (100%) |
| Owner Occupied HU | 1,525 (82.9%) |
| Renter Occupied HU | 182 ( 9.9%) |
| Vacant Housing Units | 132 ( 7.2%) |
| Median Home Value | $425,207 |
| Average Home Value | $452,974 |
Housing Distribution
Address Breakdown
Residential
1,416
Single Family
1,416
Multi-Family
0
Businesses
88
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Nearby investment properties with comparable prices
Listed by: Ryan Fowler • eXp Realty, LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202521238
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 21:38:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#122)