710 Snoqualmie DrSnoqualmie PassWA98068
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 Snoqualmie Pass at 710 Snoqualmie Dr, Snoqualmie Pass, WA, 98068 priced at $350,000 converts $2,345/mo rent into $241/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,345/mo, and annual cash flow totals $2,894/yr on $116,025 invested. Return on cash invested prints 22.4% in year one, and rental yield reads 8.04% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 116.01% and total cumulative return in cash sums $134,606. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,345/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1971
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98068, Snoqualmie Pass, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 543 (100%) |
| Owner Occupied HU | 184 (33.9%) |
| Renter Occupied HU | 21 ( 3.9%) |
| Vacant Housing Units | 338 (62.2%) |
| Median Home Value | $844,118 |
| Average Home Value | $925,068 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
Listed by: Scott Burbidge • Windermere West Metro
Mls Name: NWMLS
Mls ID: #2466732