456 S AsterSoap LakeWA98851
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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 Soap Lake at 456 S Aster, Soap Lake, WA, 98851 offers a 9.26% rental yield on a $175,000 purchase with $1,350/mo rent. Total monthly income registers $1,350/mo, and a $857/mo payment leaves $298/mo available for distribution. Annual cash flow reaches $3,571/yr on $58,013 to close, and return on cash invested stands at 26.06% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 135.64% and total cumulative return in cash at $78,691. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,350/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
6,965 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98851, Soap Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,270 (100%) |
| Owner Occupied HU | 1,438 (63.3%) |
| Renter Occupied HU | 606 (26.7%) |
| Vacant Housing Units | 226 ( 10.0%) |
| Median Home Value | $327,536 |
| Average Home Value | $362,531 |
Housing Distribution
Address Breakdown
Residential
949
Single Family
949
Multi-Family
0
Businesses
65
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Listed by: Bea Stump • A B C Properties
Mls Name: NWMLS
Mls ID: #2457508