4599 Terrace RdLoon LakeWA99148
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
Investment property for sale in Loon Lake at 4599 Terrace Rd, Loon Lake, WA, 99148 offers a 18.47% rental yield on a $140,000 purchase with $2,155/mo rent. Total monthly income registers $2,155/mo, and a $685/mo payment leaves $1,293/mo available for distribution. Annual cash flow reaches $15,514/yr on $46,410 to close, and return on cash invested stands at 53.34% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 282.04% and total cumulative return in cash at $130,894. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,155/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
9,147 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99148, Loon Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,153 (100%) |
| Owner Occupied HU | 1,007 (46.8%) |
| Renter Occupied HU | 204 ( 9.5%) |
| Vacant Housing Units | 942 (43.8%) |
| Median Home Value | $498,349 |
| Average Home Value | $528,942 |
Housing Distribution
Address Breakdown
Residential
1,008
Single Family
1,008
Multi-Family
0
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SAR Non Member • Non-Member Office
Mls Name: Northeast Washington AOR
Mls ID: #44788
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.