38700 SE River StSnoqualmieWA98065
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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 Snoqualmie at 38700 SE River St, Snoqualmie, WA, 98065 generates $3,174/mo in rent, after a $3,783/mo payment. Total monthly income is $3,174/mo. Return on cash invested sits at 13.11% in year one, and rental yield is 4.93% on a $773,000 entry. Equity gained on principal adds $4,988/yr, while 5% annual appreciation builds toward $213,566 over five years. Five-year ROI reaches 66.13% and total cumulative return in cash sums $168,171. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,174/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98065, Snoqualmie, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,323 (100%) |
| Owner Occupied HU | 4,352 (81.8%) |
| Renter Occupied HU | 821 (15.4%) |
| Vacant Housing Units | 150 ( 2.8%) |
| Median Home Value | $930,436 |
| Average Home Value | $1,073,497 |
Housing Distribution
Address Breakdown
Residential
5,228
Single Family
5,228
Multi-Family
0
Businesses
326
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Listed by: N/A • N/A
Mls Name: Engel & Volkers
Mls Provider:
Mls ID: #2388139