8323 Cedar Grove AvenueConcreteWA98237
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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 Concrete at 8323 Cedar Grove Avenue, Concrete, WA, 98237 generates $4,140/mo in rent and, after a $2,178/mo payment, leaves $1,465/mo in cash flow. Total monthly income is $4,140/mo, and annual cash flow is $17,581/yr on $147,518 invested. Return on cash invested sits at 31.83% in year one, and rental yield is 11.16% on a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 166.55% and total cumulative return in cash sums $245,684. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,140/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98237, Concrete, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,085 (100%) |
| Owner Occupied HU | 1,615 (52.4%) |
| Renter Occupied HU | 448 (14.5%) |
| Vacant Housing Units | 1,022 (33.1%) |
| Median Home Value | $406,847 |
| Average Home Value | $442,667 |
Housing Distribution
Address Breakdown
Residential
1,589
Single Family
1,566
Multi-Family
23
Businesses
103
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Listed by: Tiffany D Olson • Epique Realty
Mls Name: NWMLS
Mls ID: #2426192