424 N 43rd CtRidgefieldWA98642
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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 Ridgefield at 424 N 43rd Ct, Ridgefield, WA, 98642 uses $180,950 cash to close to unlock $238/yr annual cash flow and $20/mo monthly cash flow. Total monthly income runs $3,326/mo, and a $2,692/mo payment keeps the spread at $20/mo. Purchase price stands at $550,000, and rental yield measures 7.26% with $3,326/mo rent. Return on cash invested shows 20.19% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 104.09% and total cumulative return in cash records $188,350. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,326/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 2010
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98642, Ridgefield, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,339 (100%) |
| Owner Occupied HU | 8,840 (78.0%) |
| Renter Occupied HU | 1,988 (17.5%) |
| Vacant Housing Units | 511 ( 4.5%) |
| Median Home Value | $712,963 |
| Average Home Value | $782,774 |
Housing Distribution
Address Breakdown
Residential
10,575
Single Family
10,024
Multi-Family
551
Businesses
419
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Listed by: Katie Yozamp • Keller Williams Realty
Mls Name: RMLS (OR)
Mls ID: #657241241