71 W Doggone LnElmaWA98541
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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 Elma at 71 W Doggone Ln, Elma, WA, 98541 priced at $438,200 converts $1,637/mo rent into after a $2,145/mo obligation. Total monthly income equals $1,637/mo. Return on cash invested prints 11.67% in year one, and rental yield reads 4.48% against a $438,200 entry. Equity gained on principal adds $2,828/yr, while 5% annual appreciation compiles into $121,067 by year five. Five-year ROI reaches 58.43% and total cumulative return in cash sums $84,873. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,637/mo property income covering a $2,145/mo payment, not borrower’s personal income.
Manufactured
Built in 1990
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98541, Elma, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,884 (100%) |
| Owner Occupied HU | 3,333 (68.2%) |
| Renter Occupied HU | 1,067 (21.8%) |
| Vacant Housing Units | 484 ( 9.9%) |
| Median Home Value | $446,082 |
| Average Home Value | $471,424 |
Housing Distribution
Address Breakdown
Residential
3,681
Single Family
3,576
Multi-Family
105
Businesses
258
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Listed by: N/A • N/A
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