506 Lufkin LaneWinthropWA98862
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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 Winthrop at 506 Lufkin Lane, Winthrop, WA, 98862 generates $2,273/mo in rent, after a $1,884/mo payment. Total monthly income is $2,273/mo. Return on cash invested sits at 19.52% in year one, and rental yield is 7.08% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 100.58% and total cumulative return in cash sums $128,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,273/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98862, Winthrop, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,070 (100%) |
| Owner Occupied HU | 1,053 (50.9%) |
| Renter Occupied HU | 227 (11.0%) |
| Vacant Housing Units | 790 (38.2%) |
| Median Home Value | $670,405 |
| Average Home Value | $751,852 |
Housing Distribution
Address Breakdown
Residential
761
Single Family
761
Multi-Family
0
Businesses
192
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Listed by: Leverett Hubbard • Blue Sky Real Estate, LLC
Mls Name: NWMLS
Mls ID: #2428876