6558 Long Lake DrNine Mile FallsWA99026
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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 Nine Mile Falls at 6558 Long Lake Dr, Nine Mile Falls, WA, 99026 offers a 6.2% rental yield on a $474,500 purchase with $2,450/mo rent. 75% in year one. Equity gained on principal adds $3,062/yr while 5% annual appreciation supports $131,096 over five years. Portfolio math shows five-year ROI at 85.73% and total cumulative return in cash at $134,850. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,450/mo property income against a $2,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2001
1.83 Acres lot
$N/A/sqft
$140 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99026, Nine Mile Falls, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,001 (100%) |
| Owner Occupied HU | 3,595 (89.9%) |
| Renter Occupied HU | 266 ( 6.6%) |
| Vacant Housing Units | 140 ( 3.5%) |
| Median Home Value | $530,482 |
| Average Home Value | $568,047 |
Housing Distribution
Address Breakdown
Residential
3,663
Single Family
3,663
Multi-Family
0
Businesses
147
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Listed by: Marcy Martin • R.H. Cooke & Associates
Mls Name: SMLS
Mls Provider:
Mls ID: #202519396
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.