431 Wellner RdOutlookWA98938
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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
Rental property for sale in Outlook at 431 Wellner Rd, Outlook, WA, 98938 offers $2,838/mo rent that, after a $2,643/mo payment. Total monthly income is $2,838/mo. Return on cash invested measures 17.3% in year one, and rental yield stands at 6.31% at a $540,000 entry. Equity gained on principal adds $3,485/yr while 5% annual appreciation compounds into $149,192 by year five. Five-year ROI records 88.6% and total cumulative return in cash reaches $157,406. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,838/mo property income versus a $2,643/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98938, Outlook, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 692 (100%) |
| Owner Occupied HU | 492 (71.1%) |
| Renter Occupied HU | 175 (25.3%) |
| Vacant Housing Units | 25 ( 3.6%) |
| Median Home Value | $388,194 |
| Average Home Value | $431,575 |
Housing Distribution
Address Breakdown
Residential
550
Single Family
550
Multi-Family
0
Businesses
13
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Listed by: Haley Larson • RE/MAX, The Collective
Mls Name: PACMLS
Mls ID: #287507