414 Easy Street SERainierWA98576
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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 Rainier at 414 Easy Street SE, Rainier, WA, 98576 listed at $544,950 pairs $3,318/mo rent with a $2,667/mo payment to leave $42/mo cash flow. Total monthly income runs $3,318/mo, and annual cash flow reaches $510/yr on $179,289 cash to close. Return on cash invested measures 20.34% in year one, and rental yield registers 7.31% at a $544,950 basis. Equity gained on principal adds $3,516/yr, and annual property appreciation at 5% supports $150,560 by year five. Five-year ROI tracks 104.91% and total cumulative return in cash totals $188,096. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,318/mo property income relative to a $2,667/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98576, Rainier, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,224 (100%) |
| Owner Occupied HU | 1,771 (79.6%) |
| Renter Occupied HU | 352 (15.8%) |
| Vacant Housing Units | 101 ( 4.5%) |
| Median Home Value | $604,522 |
| Average Home Value | $644,983 |
Housing Distribution
Address Breakdown
Residential
1,631
Single Family
1,631
Multi-Family
0
Businesses
168
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Listed by: Vasiliy Stupin • Simply Home Realty, LLC
Mls Name: NWMLS
Mls ID: #2475007