607 Millenium AveMoxeeWA98936
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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 Moxee at 607 Millenium Ave, Moxee, WA, 98936 priced at $405,000 converts $2,983/mo rent into $491/mo cash flow after a $1,982/mo obligation. Total monthly income equals $2,983/mo, and annual cash flow totals $5,888/yr on $134,258 invested. Return on cash invested prints 24.29% in year one, and rental yield reads 8.84% against a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,894 by year five. Five-year ROI reaches 126.3% and total cumulative return in cash sums $169,574. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,983/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98936, Moxee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,408 (100%) |
| Owner Occupied HU | 1,824 (75.7%) |
| Renter Occupied HU | 508 (21.1%) |
| Vacant Housing Units | 76 ( 3.2%) |
| Median Home Value | $411,033 |
| Average Home Value | $421,491 |
Housing Distribution
Address Breakdown
Residential
1,970
Single Family
1,970
Multi-Family
0
Businesses
117
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Listed by: N/A • N/A
Mls Name: FSBO-Online.com
Mls ID: #N/A