39631 Redwine Canyon Rd NLincolnWA99147
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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
Investment property for sale in Lincoln at 39631 Redwine Canyon Rd N, Lincoln, WA, 99147 offers a 4.89% rental yield on a $415,000 purchase with $1,691/mo rent. 9% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 65.03% and total cumulative return in cash at $89,457. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,691/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99147, Lincoln, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 204 (100%) |
| Owner Occupied HU | 114 (55.9%) |
| Renter Occupied HU | 26 (12.7%) |
| Vacant Housing Units | 64 (31.4%) |
| Median Home Value | $444,444 |
| Average Home Value | $445,044 |
Housing Distribution
Address Breakdown
Residential
160
Single Family
160
Multi-Family
0
Businesses
1
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Listed by: N/A • N/A
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