732 E Carrie DrMedical LakeWA99022
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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 Medical Lake at 732 E Carrie Dr, Medical Lake, WA, 99022 priced at $368,200 converts $2,377/mo rent into $164/mo cash flow after a $1,802/mo obligation. Total monthly income equals $2,377/mo, and annual cash flow totals $1,966/yr on $122,058 invested. Return on cash invested prints 21.52% in year one, and rental yield reads 7.75% against a $368,200 entry. Equity gained on principal adds $2,376/yr, while 5% annual appreciation compiles into $101,727 by year five. Five-year ROI reaches 111.24% and total cumulative return in cash sums $135,772. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,377/mo property income covering a $1,802/mo payment, not borrower’s personal income.
Single Family
Built in 2009
6,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99022, Medical Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,752 (100%) |
| Owner Occupied HU | 2,726 (72.7%) |
| Renter Occupied HU | 865 (23.1%) |
| Vacant Housing Units | 161 ( 4.3%) |
| Median Home Value | $479,719 |
| Average Home Value | $519,804 |
Housing Distribution
Address Breakdown
Residential
2,660
Single Family
2,504
Multi-Family
156
Businesses
104
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