50 Luther CourtMalagaWA98828
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 Malaga at 50 Luther Court, Malaga, WA, 98828 earns $22/mo cash flow from $3,598/mo rent with a $2,912/mo payment. Total monthly income totals $3,598/mo, and annual cash flow totals $260/yr on $195,722 capital. ROI tracks 20.19% on current figures, and rental yield reads 7.26% at a $594,900 purchase. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,360 over five years. Five-year ROI reaches 104.1% and total cumulative return in cash sums $203,743. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,598/mo property income instead of your personal income.
Single Family
Built in 2018
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98828, Malaga, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,011 (100%) |
| Owner Occupied HU | 768 (76.0%) |
| Renter Occupied HU | 182 (18.0%) |
| Vacant Housing Units | 61 ( 6.0%) |
| Median Home Value | $530,744 |
| Average Home Value | $570,094 |
Housing Distribution
Address Breakdown
Residential
859
Single Family
858
Multi-Family
1
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lorre A. Stimac • Premier One Properties
Mls Name: NWMLS
Mls ID: #2466888