7575 Railroad Place SESnoqualmieWA98065
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
Investment property for sale in Snoqualmie at 7575 Railroad Place SE, Snoqualmie, WA, 98065 offers a 6.26% rental yield on a $850,000 purchase with $4,436/mo rent. 17% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 87.88% and total cumulative return in cash at $245,770. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,436/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98065, Snoqualmie, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,323 (100%) |
| Owner Occupied HU | 4,352 (81.8%) |
| Renter Occupied HU | 821 (15.4%) |
| Vacant Housing Units | 150 ( 2.8%) |
| Median Home Value | $930,436 |
| Average Home Value | $1,073,497 |
Housing Distribution
Address Breakdown
Residential
5,228
Single Family
5,228
Multi-Family
0
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ciara Roetter • Windermere Real Estate/PSR Inc
Mls Name: NWMLS
Mls ID: #2463518