8409 N Pine Meadows LnNine Mile FallsWA99026
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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 Nine Mile Falls at 8409 N Pine Meadows Ln, Nine Mile Falls, WA, 99026 uses $125,937 cash to close to unlock $8,865/yr annual cash flow and $739/mo monthly cash flow. Total monthly income runs $3,022/mo, and a $1,859/mo payment keeps the spread at $739/mo. Purchase price stands at $379,900, and rental yield measures 9.55% with $3,022/mo rent. Return on cash invested shows 26.95% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 140.36% and total cumulative return in cash records $176,765. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,022/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Single Family
Built in 1993
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99026, Nine Mile Falls, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,001 (100%) |
| Owner Occupied HU | 3,595 (89.9%) |
| Renter Occupied HU | 266 ( 6.6%) |
| Vacant Housing Units | 140 ( 3.5%) |
| Median Home Value | $530,482 |
| Average Home Value | $568,047 |
Housing Distribution
Address Breakdown
Residential
3,663
Single Family
3,663
Multi-Family
0
Businesses
147
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Listed by: Tracy Penna • Windermere North
Mls Name: SMLS
Mls ID: #202610617