429 Mineral Creek RoadMineralWA98355
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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 Mineral at 429 Mineral Creek Road, Mineral, WA, 98355 at $350,000 posts ROI 14.8% with from $1,610/mo rent. Total monthly income equals $1,610/mo. Return on cash invested measures 14.8% and rental yield reads 5.52% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 75.25% and total cumulative return in cash totals $87,314. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,610/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1984
2.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98355, Mineral, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 388 (100%) |
| Owner Occupied HU | 271 (69.8%) |
| Renter Occupied HU | 45 (11.6%) |
| Vacant Housing Units | 72 (18.6%) |
| Median Home Value | $425,000 |
| Average Home Value | $423,810 |
Housing Distribution
Address Breakdown
Residential
72
Single Family
72
Multi-Family
0
Businesses
16
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Listed by: Daniel Bennett • RE/MAX Exclusive
Mls Name: NWMLS
Mls ID: #2393882