62 Heron Loop RoadRepublicWA99166
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 Republic at 62 Heron Loop Road, Republic, WA, 99166 priced at $324,900 pairs $812/mo rent with after a $1,590/mo payment. Total monthly income equals $812/mo. Return on cash invested is 7.2% in year one, and rental yield stands at 3% on a $324,900 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,764 by year five. Five-year ROI measures 34.48% and total cumulative return in cash reaches $37,133. For financing, Ziffy Mortgage’s DSCR program evaluates $812/mo property income against a $1,590/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99166, Republic, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,790 (100%) |
| Owner Occupied HU | 1,099 (61.4%) |
| Renter Occupied HU | 323 (18.0%) |
| Vacant Housing Units | 368 (20.6%) |
| Median Home Value | $326,406 |
| Average Home Value | $403,439 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
980
Multi-Family
63
Businesses
177
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William J. Baldwin • Windermere Republic
Mls Name: NWMLS
Mls ID: #2416624