413 Morse StRyderwoodWA98581
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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 Ryderwood at 413 Morse St, Ryderwood, WA, 98581 with 5% annual appreciation on a $263,800 basis while $1,948/mo rent supports operations. Total monthly income totals $1,948/mo and a $1,291/mo payment preserves $327/mo for cash returns. Annual cash flow comes to $3,929/yr on $87,450 deployed, and return on cash invested reaches 24.4% in year one. Equity gained on principal adds $1,702/yr, and five-year appreciation sums $72,883 alongside rental yield of 8.86%. Five-year ROI measures 126.9% and total cumulative return in cash totals $110,975.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,948/mo property income versus a $1,291/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1923
N/A lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98581, Ryderwood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 313 (100%) |
| Owner Occupied HU | 261 (83.4%) |
| Renter Occupied HU | 23 ( 7.3%) |
| Vacant Housing Units | 29 ( 9.3%) |
| Median Home Value | $261,000 |
| Average Home Value | $316,609 |
Housing Distribution
Address Breakdown
Residential
158
Single Family
158
Multi-Family
0
Businesses
6
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Listed by: N/A • N/A
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