40109 278th Avenue SEEnumclawWA98022
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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 Enumclaw at 40109 278th Avenue SE, Enumclaw, WA, 98022 earns from $4,484/mo rent with a $5,188/mo payment. Total monthly income totals $4,484/mo. ROI tracks 13.77% on current figures, and rental yield reads 5.08% at a $1,060,000 purchase. Equity gained on principal adds $6,840/yr, and 5% annual appreciation supports $292,858 over five years. Five-year ROI reaches 69.61% and total cumulative return in cash sums $239,065. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,484/mo property income instead of your personal income.
Single Family
Built in 2003
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98022, Enumclaw, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,071 (100%) |
| Owner Occupied HU | 7,085 (70.4%) |
| Renter Occupied HU | 2,178 (21.6%) |
| Vacant Housing Units | 808 ( 8.0%) |
| Median Home Value | $747,991 |
| Average Home Value | $848,454 |
Housing Distribution
Address Breakdown
Residential
9,423
Single Family
8,741
Multi-Family
682
Businesses
762
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Listed by: Loren Fanony • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2461509