421 Green Acres PlaceAlgonaWA98001
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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 Algona at 421 Green Acres Place, Algona, WA, 98001 listed at $595,000 pairs $4,085/mo rent with a $2,912/mo payment to leave $509/mo cash flow. Total monthly income runs $4,085/mo, and annual cash flow reaches $6,103/yr on $195,755 cash to close. Return on cash invested measures 23.18% in year one, and rental yield registers 8.24% at a $595,000 basis. Equity gained on principal adds $3,839/yr, and annual property appreciation at 5% supports $164,388 by year five. Five-year ROI tracks 120.11% and total cumulative return in cash totals $235,118. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,085/mo property income relative to a $2,912/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98001, Auburn, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,469 (100%) |
| Owner Occupied HU | 9,465 (75.9%) |
| Renter Occupied HU | 2,657 (21.3%) |
| Vacant Housing Units | 347 ( 2.8%) |
| Median Home Value | $642,921 |
| Average Home Value | $727,716 |
Housing Distribution
Address Breakdown
Residential
12,378
Single Family
11,081
Multi-Family
1,297
Businesses
1,073
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Listed by: Joshua Kumar • Windermere RE/Lake Tapps, Inc
Mls Name: NWMLS
Mls ID: #2408983