719 Main StreetRaymondWA98577
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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 Raymond at 719 Main Street, Raymond, WA, 98577 priced at $297,000 pairs $2,353/mo rent with $567/mo cash flow after a $1,454/mo payment. Total monthly income equals $2,353/mo, and annual cash flow comes to $6,808/yr on $98,456 invested. Return on cash invested is 26.82% in year one, and rental yield stands at 9.51% on a $297,000 basis. Equity gained on principal adds $1,916/yr, and 5% annual appreciation accumulates to $82,056 by year five. Five-year ROI measures 139.72% and total cumulative return in cash reaches $137,562. For financing, Ziffy Mortgage’s DSCR program evaluates $2,353/mo property income against a $1,454/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98577, Raymond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,161 (100%) |
| Owner Occupied HU | 2,220 (70.2%) |
| Renter Occupied HU | 667 (21.1%) |
| Vacant Housing Units | 274 ( 8.7%) |
| Median Home Value | $282,292 |
| Average Home Value | $324,725 |
Housing Distribution
Address Breakdown
Residential
2,680
Single Family
2,496
Multi-Family
184
Businesses
212
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Listed by: Melanie Seiler • Keller Williams South Sound
Mls Name: NWMLS
Mls ID: #2425186