973 Park Avenue ETeninoWA98589
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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 Tenino at 973 Park Avenue E, Tenino, WA, 98589 offers a 7.61% rental yield on a $360,000 purchase with $2,283/mo rent. Total monthly income registers $2,283/mo, and a $1,762/mo payment leaves $119/mo available for distribution. Annual cash flow reaches $1,428/yr on $119,340 to close, and return on cash invested stands at 21.11% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 109.02% and total cumulative return in cash at $130,101. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,283/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98589, Tenino, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,330 (100%) |
| Owner Occupied HU | 2,614 (78.5%) |
| Renter Occupied HU | 560 (16.8%) |
| Vacant Housing Units | 156 ( 4.7%) |
| Median Home Value | $573,950 |
| Average Home Value | $654,762 |
Housing Distribution
Address Breakdown
Residential
2,816
Single Family
2,816
Multi-Family
0
Businesses
181
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Listed by: Rachel Platt • Keller Williams South Sound
Mls Name: NWMLS
Mls ID: #2440504