40411 N Shore DrLoon LakeWA99148
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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 Loon Lake at 40411 N Shore Dr, Loon Lake, WA, 99148 listed at $825,000 pairs $1,462/mo rent with a $4,038/mo payment. Total monthly income runs $1,462/mo. Return on cash invested measures 4.6% in year one, and rental yield registers 2.13% at a $825,000 basis. Equity gained on principal adds $5,324/yr, and annual property appreciation at 5% supports $227,932 by year five. Five-year ROI tracks 20.47% and total cumulative return in cash totals $55,557. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,462/mo property income relative to a $4,038/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1892
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99148, Loon Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,153 (100%) |
| Owner Occupied HU | 1,007 (46.8%) |
| Renter Occupied HU | 204 ( 9.5%) |
| Vacant Housing Units | 942 (43.8%) |
| Median Home Value | $498,349 |
| Average Home Value | $528,942 |
Housing Distribution
Address Breakdown
Residential
1,008
Single Family
1,008
Multi-Family
0
Businesses
88
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Listed by: Russ Marks • EXIT Real Estate North
Mls Name: SMLS
Mls Provider:
Mls ID: #202519650
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.