62 2 Wilderness WayDemingWA98244
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 Deming at 62 2 Wilderness Way, Deming, WA, 98244 offers $915/mo rent that, after a $587/mo payment, leaves $194/mo cash flow. Total monthly income is $915/mo, and annual cash flow is $2,328/yr on $39,780 cash. Return on cash invested measures 25.76% in year one, and rental yield stands at 9.15% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 133.95% and total cumulative return in cash reaches $53,287. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $915/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2010
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98244, Deming, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,176 (100%) |
| Owner Occupied HU | 1,046 (48.1%) |
| Renter Occupied HU | 237 (10.9%) |
| Vacant Housing Units | 893 (41.0%) |
| Median Home Value | $480,229 |
| Average Home Value | $534,202 |
Housing Distribution
Address Breakdown
Residential
791
Single Family
791
Multi-Family
0
Businesses
116
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Listed by: Lindsay Rohweder • RE/MAX Whatcom County, Inc.
Mls Name: NWMLS
Mls ID: #2443827