413 292nd Street E #8RoyWA98580
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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 Roy at 413 292nd Street E #8, Roy, WA, 98580 uses $75,914 cash to close to unlock $3,699/yr annual cash flow and $308/mo monthly cash flow. Total monthly income runs $1,685/mo, and a $1,121/mo payment keeps the spread at $308/mo. Purchase price stands at $229,000, and rental yield measures 8.83% with $1,685/mo rent. Return on cash invested shows 24.78% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 128.79% and total cumulative return in cash records $97,769. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,685/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98580, Roy, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,641 (100%) |
| Owner Occupied HU | 3,675 (79.2%) |
| Renter Occupied HU | 585 (12.6%) |
| Vacant Housing Units | 381 ( 8.2%) |
| Median Home Value | $638,556 |
| Average Home Value | $730,560 |
Housing Distribution
Address Breakdown
Residential
3,447
Single Family
3,425
Multi-Family
22
Businesses
68
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Listed by: Tamara Ross • RE/MAX Exclusive
Mls Name: NWMLS
Mls ID: #2430299