513 S Adams AvenueWardenWA98857
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
Rental property for sale in Warden at 513 S Adams Avenue, Warden, WA, 98857 priced at $340,000 converts $2,051/mo rent into $7/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,051/mo, and annual cash flow totals $88/yr on $112,710 invested. Return on cash invested prints 19.99% in year one, and rental yield reads 7.24% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 103.06% and total cumulative return in cash sums $116,154. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,051/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Manufactured
Built in 2007
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98857, Warden, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,379 (100%) |
| Owner Occupied HU | 823 (59.7%) |
| Renter Occupied HU | 464 (33.6%) |
| Vacant Housing Units | 92 ( 6.7%) |
| Median Home Value | $337,324 |
| Average Home Value | $436,470 |
Housing Distribution
Address Breakdown
Residential
690
Single Family
659
Multi-Family
31
Businesses
77
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Nearby investment properties with comparable prices
Listed by: Brian Gentry • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2425721