87 Red Hawk DrOrondoWA98843
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 Orondo at 87 Red Hawk Dr, Orondo, WA, 98843 priced at $402,900 converts $3,079/mo rent into $657/mo cash flow after a $1,972/mo obligation. Total monthly income equals $3,079/mo, and annual cash flow totals $7,885/yr on $133,561 invested. Return on cash invested prints 25.81% in year one, and rental yield reads 9.17% against a $402,900 entry. Equity gained on principal adds $2,600/yr, while 5% annual appreciation compiles into $111,314 by year five. Five-year ROI reaches 134.3% and total cumulative return in cash sums $179,366. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,079/mo property income covering a $1,972/mo payment, not borrower’s personal income.
Townhouse
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98843, Orondo, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,486 (100%) |
| Owner Occupied HU | 467 (31.4%) |
| Renter Occupied HU | 326 (21.9%) |
| Vacant Housing Units | 693 (46.6%) |
| Median Home Value | $693,056 |
| Average Home Value | $750,236 |
Housing Distribution
Address Breakdown
Residential
909
Single Family
909
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A