41615 NE Cedar Ridge RdAmboyWA98601
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 41615 NE Cedar Ridge Rd, Amboy, WA, 98601 in Amboy. At $419,000 it earns $2,994/mo in rent and distributes $437/mo to the owner after the $1,884/mo payment, a consistent 8.57% yield. DSCR 1.59 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $115,762 in value; $3,859/yr in principal paydown compounds ownership stake. Total projected return: $189,201.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $437 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,994 |
| Total Monthly Debt Service | $2,352 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1978
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98601, Amboy, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 952 (82.1%) |
| Renter Occupied HU | 152 (13.1%) |
| Vacant Housing Units | 55 ( 4.7%) |
| Median Home Value | $684,908 |
| Average Home Value | $713,592 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
944
Multi-Family
7
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1978
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98601, Amboy, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 952 (82.1%) |
| Renter Occupied HU | 152 (13.1%) |
| Vacant Housing Units | 55 ( 4.7%) |
| Median Home Value | $684,908 |
| Average Home Value | $713,592 |
Housing Distribution
Address Breakdown
Residential
951
Single Family
944
Multi-Family
7
Businesses
59
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Reffie Foy • Keller Williams Realty
Mls Name: RMLS (OR)
Mls ID: #322888824