3916 E Tanager LnMeadWA99021
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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
Rental property for sale in Mead at 3916 E Tanager Ln, Mead, WA, 99021 priced at $529,900 pairs $3,984/mo rent with $798/mo cash flow after a $2,594/mo payment. Total monthly income equals $3,984/mo, and annual cash flow comes to $9,579/yr on $174,337 invested. Return on cash invested is 25.56% in year one, and rental yield stands at 9.02% on a $529,900 basis. Equity gained on principal adds $3,419/yr, and 5% annual appreciation accumulates to $146,402 by year five. Five-year ROI measures 132.87% and total cumulative return in cash reaches $231,635. For financing, Ziffy Mortgage’s DSCR program evaluates $3,984/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99021, Mead, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,826 (100%) |
| Owner Occupied HU | 3,359 (87.8%) |
| Renter Occupied HU | 340 ( 8.9%) |
| Vacant Housing Units | 127 ( 3.3%) |
| Median Home Value | $488,581 |
| Average Home Value | $563,364 |
Housing Distribution
Address Breakdown
Residential
3,526
Single Family
3,526
Multi-Family
0
Businesses
249
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Listed by: Sara Throckmorton • Coldwell Banker Tomlinson
Mls Name: SMLS
Mls ID: #202610209