418 N 13th StreetElmaWA98541
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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 Elma at 418 N 13th Street, Elma, WA, 98541 earns $171/mo cash flow from $2,269/mo rent with a $1,708/mo payment. Total monthly income totals $2,269/mo, and annual cash flow totals $2,055/yr on $115,694 capital. ROI tracks 21.69% on current figures, and rental yield reads 7.8% at a $349,000 purchase. Equity gained on principal adds $2,252/yr, and 5% annual appreciation supports $96,422 over five years. Five-year ROI reaches 112.17% and total cumulative return in cash sums $129,768. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,269/mo property income instead of your personal income.
Single Family
Built in 1973
7,383 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98541, Elma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,884 (100%) |
| Owner Occupied HU | 3,333 (68.2%) |
| Renter Occupied HU | 1,067 (21.8%) |
| Vacant Housing Units | 484 ( 9.9%) |
| Median Home Value | $446,082 |
| Average Home Value | $471,424 |
Housing Distribution
Address Breakdown
Residential
3,681
Single Family
3,576
Multi-Family
105
Businesses
258
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Listed by: John P Hedgers • eXp Realty
Mls Name: NWMLS
Mls ID: #2464798