8115 224th Avenue EBuckleyWA98321
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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 Buckley at 8115 224th Avenue E, Buckley, WA, 98321 offers a 3.77% rental yield on a $1,750,000 purchase with $5,501/mo rent. 75% in year one. Equity gained on principal adds $11,292/yr while 5% annual appreciation supports $483,493 over five years. Portfolio math shows five-year ROI at 48.02% and total cumulative return in cash at $272,289. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,501/mo property income against a $8,565/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98321, Buckley, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,944 (100%) |
| Owner Occupied HU | 5,759 (82.9%) |
| Renter Occupied HU | 942 (13.6%) |
| Vacant Housing Units | 243 ( 3.5%) |
| Median Home Value | $656,063 |
| Average Home Value | $705,078 |
Housing Distribution
Address Breakdown
Residential
5,344
Single Family
5,344
Multi-Family
0
Businesses
331
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Listed by: Nancy L. Lee • Keller Williams Realty
Mls Name: NWMLS
Mls ID: #2455338