45332 Limestone StreetConcreteWA98237
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $1,200/mo, and a $2,570/mo payment. Purchase price stands at $525,000, and rental yield measures 2.74% with $1,200/mo rent. Return on cash invested shows 6.47% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 30.5% and total cumulative return in cash records $52,677. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
9,147 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nicole Petersen • eXp Realty
Mls Name: NWMLS
Mls ID: #2405530