41615 NE Cedar Ridge RdAmboyWA98601
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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 Amboy at 41615 NE Cedar Ridge Rd, Amboy, WA, 98601 offers a 8.57% rental yield on a $419,000 purchase with $2,994/mo rent. Total monthly income registers $2,994/mo, and a $2,051/mo payment leaves $475/mo available for distribution. Annual cash flow reaches $5,701/yr on $138,899 to close, and return on cash invested stands at 24.01% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,762 over five years. Portfolio math shows five-year ROI at 124.65% and total cumulative return in cash at $173,141. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,994/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Reffie Foy • Keller Williams Realty
Mls Name: RMLS (OR)
Mls ID: #322888824