N Paradise Ave #228RidgefieldWA98642
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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 Ridgefield at N Paradise Ave #228, Ridgefield, WA, 98642 offers $3,629/mo rent that, after a $7,048/mo payment. Total monthly income is $3,629/mo. Return on cash invested measures 7.44% in year one, and rental yield stands at 3.02% at a $1,439,900 entry. Equity gained on principal adds $9,291/yr while 5% annual appreciation compounds into $397,818 by year five. Five-year ROI records 35.64% and total cumulative return in cash reaches $166,290. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,629/mo property income versus a $7,048/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98642, Ridgefield, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,339 (100%) |
| Owner Occupied HU | 8,840 (78.0%) |
| Renter Occupied HU | 1,988 (17.5%) |
| Vacant Housing Units | 511 ( 4.5%) |
| Median Home Value | $712,963 |
| Average Home Value | $782,774 |
Housing Distribution
Address Breakdown
Residential
10,575
Single Family
10,024
Multi-Family
551
Businesses
419
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Listed by: Russ Patterson • Manor Realty Group, LLC
Mls Name: RMLS (OR)
Mls ID: #535830034