44664 Similk TrlConcreteWA98237
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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 Concrete at 44664 Similk Trl, Concrete, WA, 98237 listed at $120,600 pairs $2,051/mo rent with a $590/mo payment to leave $1,320/mo cash flow. Total monthly income runs $2,051/mo, and annual cash flow reaches $15,838/yr on $39,979 cash to close. Return on cash invested measures 59.52% in year one, and rental yield registers 20.41% at a $120,600 basis. Equity gained on principal adds $778/yr, and annual property appreciation at 5% supports $33,320 by year five. Five-year ROI tracks 315.15% and total cumulative return in cash totals $125,992. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,051/mo property income relative to a $590/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
1,960 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98237, Concrete, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,085 (100%) |
| Owner Occupied HU | 1,615 (52.4%) |
| Renter Occupied HU | 448 (14.5%) |
| Vacant Housing Units | 1,022 (33.1%) |
| Median Home Value | $406,847 |
| Average Home Value | $442,667 |
Housing Distribution
Address Breakdown
Residential
1,589
Single Family
1,566
Multi-Family
23
Businesses
103
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Listed by: N/A • N/A
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