4635 Cherrystone LaneClintonWA98236
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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 Clinton at 4635 Cherrystone Lane, Clinton, WA, 98236 generates $4,612/mo in rent, after a $5,629/mo payment. Total monthly income is $4,612/mo. Return on cash invested sits at 12.96% in year one, and rental yield is 4.81% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 65.23% and total cumulative return in cash sums $243,033. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,612/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
3.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98236, Clinton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,578 (100%) |
| Owner Occupied HU | 2,388 (66.7%) |
| Renter Occupied HU | 461 (12.9%) |
| Vacant Housing Units | 729 (20.4%) |
| Median Home Value | $750,000 |
| Average Home Value | $887,124 |
Housing Distribution
Address Breakdown
Residential
2,807
Single Family
2,807
Multi-Family
0
Businesses
208
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Listed by: Dana MacInnis • John L. Scott Whidbey Island S
Mls Name: NWMLS
Mls ID: #2428470