771 E Heritage LoopLa CenterWA98629
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 771 E Heritage Loop, La Center, WA, 98629 in La Center worth modelling. At $485,000 with a 7.36% gross yield, the $2,974/mo rent leaves $58/mo after the $2,181/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.36 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $133,997 by year five; $4,467/yr in principal reduction adds further equity. Total projected return: $187,317.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.2% |
| Monthly Cash Flow | $58 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,974 |
| Total Monthly Debt Service | $2,722 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98629, La Center, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,778 (100%) |
| Owner Occupied HU | 3,277 (86.7%) |
| Renter Occupied HU | 390 (10.3%) |
| Vacant Housing Units | 111 ( 2.9%) |
| Median Home Value | $673,991 |
| Average Home Value | $719,510 |
Housing Distribution
Address Breakdown
Residential
3,523
Single Family
3,374
Multi-Family
149
Businesses
126
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
Single Family
Built in 1998
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98629, La Center, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,778 (100%) |
| Owner Occupied HU | 3,277 (86.7%) |
| Renter Occupied HU | 390 (10.3%) |
| Vacant Housing Units | 111 ( 2.9%) |
| Median Home Value | $673,991 |
| Average Home Value | $719,510 |
Housing Distribution
Address Breakdown
Residential
3,523
Single Family
3,374
Multi-Family
149
Businesses
126
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Davis • John L. Scott Real Estate
Mls Name: RMLS (OR)
Mls ID: #628265744