4151 Grouse Creek RdLoon 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
Total monthly income runs $2,245/mo, and a $3,666/mo payment. Purchase price stands at $749,000, and rental yield measures 3.6% with $2,245/mo rent. Return on cash invested shows 9.07% in year one, and 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 44.44% and total cumulative return in cash records $109,504. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,245/mo property income covering a $3,666/mo payment rather than investor’s personal income.
Single Family
Built in 1980
18 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: BOB MCBLAIR • RE/MAX SELECT ASSOCIATES
Mls Name: Northeast Washington AOR
Mls ID: #45066