724 Sage Bay DriveMoses LakeWA98837
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
Total monthly income runs $2,075/mo, and a $2,178/mo payment. Purchase price stands at $445,000, and rental yield measures 5.6% with $2,075/mo rent. Return on cash invested shows 15.03% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 76.47% and total cumulative return in cash records $112,808. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,075/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Single Family
Built in 1994
9,361 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98837, Moses Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,399 (100%) |
| Owner Occupied HU | 11,735 (60.5%) |
| Renter Occupied HU | 6,484 (33.4%) |
| Vacant Housing Units | 1,180 ( 6.1%) |
| Median Home Value | $381,410 |
| Average Home Value | $439,001 |
Housing Distribution
Address Breakdown
Residential
18,244
Single Family
17,408
Multi-Family
836
Businesses
1,439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie Woodward Ottmar • Windermere RE K-2 Realty
Mls Name: NWMLS
Mls ID: #2439428