623 S Davis StreetBuckleyWA98321
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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
Rental property for sale in Buckley at 623 S Davis Street, Buckley, WA, 98321 offers $4,468/mo rent that, after a $3,426/mo payment, leaves $260/mo cash flow. Total monthly income is $4,468/mo, and annual cash flow is $3,124/yr on $230,300 cash. Return on cash invested measures 21.42% in year one, and rental yield stands at 7.66% at a $700,000 entry. Equity gained on principal adds $4,517/yr while 5% annual appreciation compounds into $193,397 by year five. Five-year ROI records 110.66% and total cumulative return in cash reaches $254,860. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,468/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
6,464 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98321, Buckley, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,944 (100%) |
| Owner Occupied HU | 5,759 (82.9%) |
| Renter Occupied HU | 942 (13.6%) |
| Vacant Housing Units | 243 ( 3.5%) |
| Median Home Value | $656,063 |
| Average Home Value | $705,078 |
Housing Distribution
Address Breakdown
Residential
5,344
Single Family
5,344
Multi-Family
0
Businesses
331
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Listed by: Christie Nelson • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2459161