620 North StreetMonroeWA98272
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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
Investment property for sale in Monroe at 620 North Street, Monroe, WA, 98272 at $749,950 posts ROI 11.05% with from $2,656/mo rent. Total monthly income equals $2,656/mo. Return on cash invested measures 11.05% and rental yield reads 4.25% at the current $749,950. Equity gained on principal adds $4,839/yr, and 5% annual appreciation supports $207,197 by year five. Five-year ROI prints 55.08% and total cumulative return in cash totals $135,890. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,656/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1962
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98272, Monroe, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,069 (100%) |
| Owner Occupied HU | 8,158 (73.7%) |
| Renter Occupied HU | 2,412 (21.8%) |
| Vacant Housing Units | 499 ( 4.5%) |
| Median Home Value | $784,884 |
| Average Home Value | $871,653 |
Housing Distribution
Address Breakdown
Residential
10,519
Single Family
9,598
Multi-Family
921
Businesses
1,124
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Listed by: Craig Walker • Keller Williams Rlty Bellevue
Mls Name: NWMLS
Mls ID: #2459182