404 W Alaska AvenueRoslynWA98941
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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 Roslyn at 404 W Alaska Avenue, Roslyn, WA, 98941 priced at $374,880 converts $2,120/mo rent into after a $1,835/mo obligation. Total monthly income equals $2,120/mo. Return on cash invested prints 18.62% in year one, and rental yield reads 6.79% against a $374,880 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation compiles into $103,572 by year five. Five-year ROI reaches 95.7% and total cumulative return in cash sums $118,933. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,120/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1925
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98941, Roslyn, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 691 (100%) |
| Owner Occupied HU | 378 (54.7%) |
| Renter Occupied HU | 104 (15.1%) |
| Vacant Housing Units | 209 (30.2%) |
| Median Home Value | $718,750 |
| Average Home Value | $927,487 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
85
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Nearby investment properties with comparable prices
Listed by: Alex Pierson • COMPASS
Mls Name: NWMLS
Mls ID: #2440870