79 Alger Cain Lake RoadSedro WoolleyWA98284
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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 Sedro Woolley at 79 Alger Cain Lake Road, Sedro Woolley, WA, 98284 priced at $1,350,000 converts $5,585/mo rent into after a $6,608/mo obligation. Total monthly income equals $5,585/mo. Return on cash invested prints 13.43% in year one, and rental yield reads 4.96% against a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation compiles into $372,980 by year five. Five-year ROI reaches 67.75% and total cumulative return in cash sums $296,333. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,585/mo property income covering a $6,608/mo payment, not borrower’s personal income.
Single Family
Built in 1997
4.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98284, Sedro Woolley, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,218 (100%) |
| Owner Occupied HU | 7,749 (69.1%) |
| Renter Occupied HU | 2,912 (26.0%) |
| Vacant Housing Units | 557 ( 5.0%) |
| Median Home Value | $580,440 |
| Average Home Value | $626,039 |
Housing Distribution
Address Breakdown
Residential
10,394
Single Family
9,982
Multi-Family
412
Businesses
516
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Listed by: Donna L. Bridgman • KW North Sound
Mls Name: NWMLS
Mls ID: #2429122