8612 240th Avenue EBuckleyWA98321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Buckley at 8612 240th Avenue E, Buckley, WA, 98321 generates $5,948/mo in rent, after a $8,786/mo payment. Total monthly income is $5,948/mo. Return on cash invested sits at 10.38% in year one, and rental yield is 3.98% on a $1,795,000 entry. Equity gained on principal adds $11,583/yr, while 5% annual appreciation builds toward $495,925 over five years. Five-year ROI reaches 51.4% and total cumulative return in cash sums $298,909. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,948/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Coleman • Terrafin
Mls Name: NWMLS
Mls ID: #2404167