





A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Medical Lake at 608 E Barker St, Medical Lake, WA, 99022 uses $80,694 cash to close to unlock $2,822/yr annual cash flow and $235/mo monthly cash flow. Total monthly income runs $1,698/mo, and a $1,191/mo payment keeps the spread at $235/mo. Purchase price stands at $243,420, and rental yield measures 8.37% with $1,698/mo rent. Return on cash invested shows 23.41% in year one, and 5% annual appreciation builds toward $67,252 over five years. Five-year ROI reaches 121.4% and total cumulative return in cash records $97,964. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,698/mo property income covering a $1,191/mo payment rather than investor’s personal income.
Multi Family
Built in 1942
6,200 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 99022, Medical Lake, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,752 (100%) |
| Owner Occupied HU | 2,726 (72.7%) |
| Renter Occupied HU | 865 (23.1%) |
| Vacant Housing Units | 161 ( 4.3%) |
| Median Home Value | $479,719 |
| Average Home Value | $519,804 |
Residential
2,660
Single Family
2,504
Multi-Family
156
Businesses
104
Date | Event | Price |
|---|---|---|
| 2025-08-08 | Listing removed | N/A |
| 2025-06-11 | Price change | $315,000 |
| 2025-05-10 | Price change | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1959.90 | 3.79% | $209,500 | -0.76% |
| 2023-10-22 | $1888.26 | 8.71% | $211,100 | 2.43% |
| 2022-10-22 | $1737.01 | 3.43% | $206,100 | 25.59% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A