450 Maple StreetMonroeWA98272
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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 Monroe at 450 Maple Street, Monroe, WA, 98272 offers $2,760/mo rent that, after a $2,692/mo payment. Total monthly income is $2,760/mo. Return on cash invested measures 16.44% in year one, and rental yield stands at 6.02% at a $549,950 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,941 by year five. Five-year ROI records 83.96% and total cumulative return in cash reaches $151,914. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,760/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1914
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98272, Monroe, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,069 (100%) |
| Owner Occupied HU | 8,158 (73.7%) |
| Renter Occupied HU | 2,412 (21.8%) |
| Vacant Housing Units | 499 ( 4.5%) |
| Median Home Value | $784,884 |
| Average Home Value | $871,653 |
Housing Distribution
Address Breakdown
Residential
10,519
Single Family
9,598
Multi-Family
921
Businesses
1,124
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Listed by: Jennifer M. Bentz • Daily Realty Group LLC
Mls Name: NWMLS
Mls ID: #2403548