41831 Ernest 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
Investment property for sale in Loon Lake at 41831 Ernest Rd, Loon Lake, WA, 99148 earns from $1,842/mo rent with a $1,835/mo payment. Total monthly income totals $1,842/mo. ROI tracks 15.79% on current figures, and rental yield reads 5.89% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 80.59% and total cumulative return in cash sums $100,179. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,842/mo property income instead of your personal income.
Manufactured
Built in 1955
5,227 sqft lot
$N/A/sqft
$175 annually 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: Brandon Marchand • Keller Williams Spokane - Main
Mls Name: SMLS
Mls Provider:
Mls ID: #202514856
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.