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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Elma at 616 N 12th St, Elma, WA, 98541 listed at $415,000 pairs $2,694/mo rent with a $2,031/mo payment to leave $200/mo cash flow. Total monthly income runs $2,694/mo, and annual cash flow reaches $2,395/yr on $137,573 cash to close. Return on cash invested measures 21.65% in year one, and rental yield registers 7.79% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 111.94% and total cumulative return in cash totals $154,005. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,694/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98541, Elma, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,884 (100%) |
| Owner Occupied HU | 3,333 (68.2%) |
| Renter Occupied HU | 1,067 (21.8%) |
| Vacant Housing Units | 484 ( 9.9%) |
| Median Home Value | $446,082 |
| Average Home Value | $471,424 |
Residential
3,681
Single Family
3,576
Multi-Family
105
Businesses
258
Date | Event | Price |
|---|---|---|
| 2025-09-17 | Listed for sale | $415,000 |
| 2017-09-15 | Sold | $157,500 |
| 2017-08-09 | Pending sale | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-18 | $3031.78 | 10.75% | $311,238 | 7.37% |
| 2022-09-18 | $2737.46 | 8.50% | $289,871 | 28.14% |
| 2021-09-18 | $2522.90 | 19.24% | $226,213 | 18.60% |
Listed by: N/A • N/A
Mls Name: FSBO-Online.com
Mls ID: #N/A
