824 Schwartz RoadNordlandWA98358
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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 Nordland at 824 Schwartz Road, Nordland, WA, 98358 generates $3,886/mo in rent, after a $7,317/mo payment. Total monthly income is $3,886/mo. Return on cash invested sits at 7.73% in year one, and rental yield is 3.12% on a $1,495,000 entry. Equity gained on principal adds $9,647/yr, while 5% annual appreciation builds toward $413,041 over five years. Five-year ROI reaches 37.22% and total cumulative return in cash sums $180,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,886/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
5.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98358, Nordland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 675 (100%) |
| Owner Occupied HU | 415 (61.5%) |
| Renter Occupied HU | 68 (10.1%) |
| Vacant Housing Units | 192 (28.4%) |
| Median Home Value | $802,206 |
| Average Home Value | $844,428 |
Housing Distribution
Address Breakdown
Residential
462
Single Family
462
Multi-Family
0
Businesses
20
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Listed by: Nicole Blasucci • Coldwell Banker Best Homes
Mls Name: NWMLS
Mls ID: #2464956