77 Diamond AvenueElectric CityWA99123
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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
Investment property for sale in Electric City at 77 Diamond Avenue, Electric City, WA, 99123 uses $109,395 cash to close to unlock $2,070/yr annual cash flow and $173/mo monthly cash flow. Total monthly income runs $2,156/mo, and a $1,615/mo payment keeps the spread at $173/mo. Purchase price stands at $330,000, and rental yield measures 7.84% with $2,156/mo rent. Return on cash invested shows 21.8% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 112.76% and total cumulative return in cash records $123,359. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,156/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1952
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99123, Electric City, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 481 (100%) |
| Owner Occupied HU | 328 (68.2%) |
| Renter Occupied HU | 93 (19.3%) |
| Vacant Housing Units | 60 (12.5%) |
| Median Home Value | $422,759 |
| Average Home Value | $410,419 |
Housing Distribution
Address Breakdown
Residential
51
Single Family
51
Multi-Family
0
Businesses
28
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Listed by: Caleb Phillips • eXp Realty
Mls Name: NWMLS
Mls ID: #2417829