8007 162nd Avenue SWLongbranchWA98351
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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 Longbranch at 8007 162nd Avenue SW, Longbranch, WA, 98351 generates $1,920/mo in rent, after a $5,849/mo payment. Total monthly income is $1,920/mo. Return on cash invested sits at 4.06% in year one, and rental yield is 1.93% on a $1,195,000 entry. Equity gained on principal adds $7,711/yr, while 5% annual appreciation builds toward $330,156 over five years. Five-year ROI reaches 17.5% and total cumulative return in cash sums $67,754. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
6.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98351, Longbranch, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 788 (100%) |
| Owner Occupied HU | 523 (66.4%) |
| Renter Occupied HU | 77 ( 9.8%) |
| Vacant Housing Units | 188 (23.9%) |
| Median Home Value | $696,062 |
| Average Home Value | $795,540 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
515
Multi-Family
0
Businesses
4
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Listed by: Brian Burfeind • Best Choice Realty LLC
Mls Name: NWMLS
Mls ID: #2407795