930 Mountain Villa Loop · Enumclaw, WA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $604 – $1,122
Heat risk 2/10 · Minimal
- Hot days now (above 87°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 6/10 · Moderate
- Unhealthy air days now
- 10 days/yr
- Unhealthy air days in 30 yrs
- 12 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the C grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +22.5/30.0
- 1% rule +7.5/10.0
- DSCR +7.5/10.0
- ARV discount +7.5/15.0
- Schools +5.5/10.0
- Livability +4.4/5.0
- Condition / age +4.0/5.0
- Rent growth +3.6/5.0
- Appreciation +2.5/10.0
- Manufactured-home adj. -5.2
$39,950
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Simple Enumclaw living! Located in the 55+ neighborhood of Mountain Villa Estates, this home is tastefully updated with fresh paint, new appliances & new LVP flooring. 2Bed/1Bath and 840 sq. ft. with an open floor plan and in-home laundry connections. Generous covered front porch & a small yard offer space to enjoy the outdoors. Carport +1 extra space and a dedicated storage shed. The neighborhood offers valuable amenities with an active clubhouse, open park spaces & RV storage. Located just off Hwy 410, moments from the Foothills Trail, local grocery stores, and restaurants. Roof, plumbing, windows, and wiring have been updated over the years.
Key facts
- Covered front porch
- Open floor plan
- Active clubhouse
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath manufactured listed at $40k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $879 ($11k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $40k).
- Cap rate 32.7% vs local median 2.4% in Enumclaw — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 88/100 on livability (#12 in WA, #222 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, housing A+; Watch: cost of living D-.
- Enumclaw School District (suburban): math 54% / reading 68% proficiency, ranked #46 of 291 in WA (top 16%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
- Zoned schools: Southwood Elementary School (345 students, 38% FRL); Enumclaw Middle School (509 students, 38% FRL); Enumclaw Sr High School (1,339 students, 28% FRL).
- Market conditions: Rents rising fast (+4.3%/yr); 392 active listings in the ZIP; 25 comparable units currently listed for rent nearby; rentals at typical pace (median 30d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 10,555 units permitted in King County in 2024 (7,119 in 5+ unit buildings).
- This rent is only 15% of the median local income ($120k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $276 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
- King County population projected at +44% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
- At projected returns (-3.0% appreciation + 4.3% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.
Negotiation context
- Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
- 3 sale attempts since 21y ago; this cycle's ask has dropped $5k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $12k; list at $40k implies a 233% gain — meaningful room to come down on a strong offer.
Questions for the listing agent
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 3.66% ✓
- Cap rate
- 32.69%
- Cash-on-cash
- 94.28%
- DSCR
- 5.19
- GRM
- 2.3
CMA / ARV
- ARV (median comp)
- $97,475
- List price
- $39,950
- Delta
- -59.02%
- Verdict
- UNDERPRICED
- Comps
- 2 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 915 Mt Villa Loop | 0.02mi | 2/2.0 | 980 (+17%) | 3mo | $89,950 | $92 | 68 |
| 806 Pine Dr | 0.09mi | 2/2.0 | 1,040 (+24%) | 2mo | $105,000 | $101 | 65 |
| 1059 Lafromboise St | 0.48mi | 2/1.0 | 890 (+6%) | 3mo | $550,000 | $618 | 65 |
| 2135 Roosevelt Ave | 0.51mi | 2/1.0 | 940 (+12%) | 2mo | $501,500 | $534 | 55 |
| 1329 Porter St | 0.52mi | 2/1.0 | 960 (+14%) | 4mo | $459,500 | $479 | 49 |
| 3224 Division St | 1.25mi | 2/1.0 | 910 (+8%) | 4mo | $430,000 | $473 | 48 |
| 405 Johnson St | 0.55mi | 3/1.0 (+1) | 1,010 (+20%) | 2mo | $519,950 | $515 | 43 |
| 1940 Wilson Ave | 1.07mi | 2/1.0 | 940 (+12%) | 3mo | $405,000 | $431 | 43 |
| 3011 Division St | 1.11mi | 2/1.0 | 688 (-18%) | 4mo | $405,500 | $589 | 37 |
| 3404 McHugh Pl | 1.36mi | 3/1.0 (+1) | 1,000 (+19%) | 2mo | $510,000 | $510 | 33 |
| 1975 Wilson Ave | 1.11mi | 2/2.0 | 1,040 (+24%) | 4mo | $465,000 | $447 | 33 |
| 1916 Wilson Ave | 1.07mi | 3/1.0 (+1) | 1,040 (+24%) | 4mo | $495,000 | $476 | 31 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 4.32% rent growth · sell at horizon
- IRR
- 96.6%
- Equity multiple
- 5.60×
- Total profit
- $51,488
- Equity at exit
- $5,957
- IRR
- 99.6%
- Equity multiple
- 12.20×
- Total profit
- $125,289
- Equity at exit
- $3,454
Cash invested: $11,186 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 28 Tenant-Leaning
- State Washington
- 28 Tenant-Leaning · D+8
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 1 active · 2 under contract
- Months of supply
- 3.0 mo (33%/mo absorbed)
- Median asking
- $15,000 ($16/sqft)
- This list price
- 100% of active listings are priced below it
- ARV vs active asking
- +636.5% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 98022
- Rents YoY
- 4.3%
- Active inventory
- 392
- Price-to-rent
- 2.3×
Monthly cashflow live
- Estimated rent
- $1,462 high interval (Pro) →
- Mortgage (P&I)
- −$210
- Tax est. 1.5%
- −$50 /mo · $599/yr
- Insurance
- −$17
- HOA
- −$0
- Lot rent leased land?
- −$0
- Vacancy / Maint / Mgmt
- −$307
- Net cashflow
- $879
Break-even live
Sensitivity live
| Price | -10% $906 | -5% $893 | +0% $879 | +5% $865 | +10% $851 |
|---|---|---|---|---|---|
| Rent | -10% $763 | -5% $821 | +0% $879 | +5% $937 | +10% $994 |
| Rate | -1.0pp $899 | -0.5pp $889 | base $879 | +0.5pp $868 | +1.0pp $858 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $9,988
- Closing costs
- $1,198
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 25 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 847 Blake St Enumclaw, WA | 3.0 | 1.0 | 1064 | $2,000 | $1.88 | 29d | 1 | 0.25mi |
| 847 Blake St Enumclaw, WA | 3.0 | 1.0 | 1064 | $2,000 | $1.88 | 78d | 1 | 0.25mi |
| 141 Leos Pl Enumclaw, WA | 2.0 | 1.0 | 850 | $1,850 | $2.18 | 139d | 1 | 0.34mi |
| 141 Leos Pl Enumclaw, WA | 2.0 | 1.0 | 850 | $1,825 | $2.15 | 120d | 1 | 0.34mi |
| 750 Watson St N Enumclaw, WA | 1.0–2.0 | 1.0 | 771 | $1,953 | $2.53 | 0d | 2 | 0.36mi |
| 703 Myrtine St Apt A Enumclaw, WA | 2.0 | 1.0 | 846 | $1,695 | $2.00 | 4d | 1 | 0.40mi |
| 2054 Roosevelt Ave Apt 8 Enumclaw, WA | 2.0 | 1.0 | 700 | $1,650 | $2.36 | 6d | 1 | 0.40mi |
| 717 Myrtine St Apt A Enumclaw, WA | 2.0 | 1.0 | 846 | $1,745 | $2.06 | 4d | 1 | 0.41mi |
| 717 Myrtine St Apt D Enumclaw, WA | 2.0 | 1.0 | 846 | $1,795 | $2.12 | 42d | 1 | 0.41mi |
| 653 Myrtine St Unit D Enumclaw, WA | 2.0 | 1.0 | 850 | $1,650 | $1.94 | 43d | 1 | 0.41mi |
| 653 Myrtine St Unit A Enumclaw, WA | 2.0 | 1.0 | 850 | $1,595 | $1.88 | 18d | 1 | 0.41mi |
| 615 Watson St N Unit 617B Enumclaw, WA | 2.0 | 1.0 | 960 | $1,999 | $2.08 | 83d | 1 | 0.44mi |
| 312 Charwila Ln Enumclaw, WA | 2.0 | 1.0 | 894 | $1,750 | $1.96 | 108d | 1 | 0.70mi |
| 250 Charwila Ln Enumclaw, WA | 2.0 | 1.0 | 894 | $1,695 | $1.90 | 33d | 1 | 0.71mi |
| 250 Charwila Ln Enumclaw, WA | 2.0 | 1.0 | 894 | $1,750 | $1.96 | 63d | 1 | 0.71mi |
| 2000 Cole St Apt 6 Enumclaw, WA | 2.0 | 1.5 | 967 | $1,795 | $1.86 | 4d | 1 | 0.71mi |
| 2612 Laukala Pl Unit D Enumclaw, WA | 2.0 | 1.0 | 894 | $1,950 | $2.18 | 7d | 1 | 0.72mi |
| 2561 Warner Ave Unit WCT 2534-B Enumclaw, WA | 2.0 | 1.0 | 850 | $1,950 | $2.29 | 18d | 1 | 0.73mi |
| 2564 Warner Ave Unit CT2564C Enumclaw, WA | 1.0 | 1.0 | 675 | $1,650 | $2.44 | 18d | 1 | 0.75mi |
| 2630 Warner Ave Enumclaw, WA | 1.0–2.0 | 1.0 | 762 | $2,000 | $2.62 | 27d | 1 | 0.78mi |
| 203 Farrelly St Unit A Enumclaw, WA | 2.0 | 1.5 | 1023 | $2,150 | $2.10 | 10d | 1 | 0.96mi |
| 1555 Florence St Enumclaw, WA | 2.0 | 1.0 | 940 | $2,000 | $2.13 | 33d | 1 | 0.97mi |
| 320 Chinook Ave Enumclaw, WA | 2.0–3.0 | 1.0–2.0 | 923 | $1,895 | $2.05 | 0d | 9 | 1.04mi |
| 3011 Division St Enumclaw, WA | 2.0 | 1.0 | 688 | $2,150 | $3.12 | 113d | 1 | 1.10mi |
| 2929 Harding St Enumclaw, WA | 1.0 | 1.0 | 750 | $1,550 | $2.07 | 32d | 1 | 1.13mi |
Property features AI
Finance
- Financial info
- Cash offer preferred
- HOA & community
- Located in Mountain Villa Estates manufactured-home parkPark approved for saleSenior communityApproximately 187 homes in the parkPark amenities include clubhouse, exercise room, playground, common areas, BBQs, recreational area and RV parkingMonthly land lease: $1,628
Exterior
- Parking
- CarportUncovered parking
- Utilities
- Electric servicePublic water (see remarks)City sewerXfinity cable and internet
- Home design
- Manufactured single-wide homeOne levelNorth-facing
- Construction
- Metal/vinyl exteriorComposition roof
- Exterior features
- AwningsPatio/porch/deckLandscapedPaved lotHas viewPlaygroundBBQsClubhouseCommon areaExercise roomRecreational areaRV parking
Interior
- Kitchen
- DishwasherRefrigeratorStove/RangeKitchen with eating space
- Bedrooms
- 2 bedrooms
- Flooring
- Vinyl plank
- Bathrooms
- 1 full bath1 bathtub1 shower
- Heating & cooling
- Forced air heatingNo cooling
- Interior features
- Water heaterVaulted ceilingsBath off primaryDouble pane windows
- Laundry & utility
- Water heater located in 2nd bedroom closetOn-site storage
Listing history 50 events
-
2026-09-21days on market $39,950 Active
-
2026-09-20days on market $39,950 Active 45 DOM
-
2026-09-19days on market $39,950 Active 44 DOM
-
2026-09-18days on market $39,950 Active 43 DOM
-
2026-09-17days on market $39,950 Active 42 DOM
-
2026-09-16days on market $39,950 Active 41 DOM
-
2026-09-15days on market $39,950 Active 40 DOM
-
2026-09-14days on market $39,950 Active 39 DOM
-
2026-09-13days on market $39,950 Active 38 DOM
-
2026-09-12days on market $39,950 Active 37 DOM
-
2026-09-11days on market $39,950 Active 36 DOM
-
2026-09-05days on market $39,950 Active 30 DOM
-
2026-09-04days on market $39,950 Active 29 DOM
-
2026-09-03days on market $39,950 Active 28 DOM
-
2026-08-31pricedays on market $39,950 Active 25 DOM
-
2026-08-30days on market $45,000 Active 24 DOM
-
2026-08-29days on market $45,000 Active 23 DOM
-
2026-08-28days on market $45,000 Active 22 DOM
-
2026-08-27days on market $45,000 Active 21 DOM
-
2026-08-25days on market $45,000 Active 19 DOM
-
2026-08-24days on market $45,000 Active 18 DOM
-
2026-08-23days on market $45,000 Active 17 DOM
-
2026-08-22days on market $45,000 Active 16 DOM
-
2026-08-21days on market $45,000 Active 15 DOM
-
2026-08-20days on market $45,000 Active 14 DOM
-
2026-08-19days on market $45,000 Active 13 DOM
-
2026-08-18days on market $45,000 Active 12 DOM
-
2026-08-17days on market $45,000 Active 11 DOM
-
2026-08-16days on market $45,000 Active 10 DOM
-
2026-08-15days on market $45,000 Active 9 DOM
-
2026-08-14days on market $45,000 Active 8 DOM
-
2026-08-13days on market $45,000 Active 7 DOM
-
2026-08-12days on market $45,000 Active 6 DOM
-
2026-08-11days on market $45,000 Active 5 DOM
-
2026-08-10days on market $45,000 Active 4 DOM
-
2026-08-09days on market $45,000 Active 3 DOM
-
2026-08-08days on market $45,000 Active 2 DOM
-
2026-08-07pricedays on market $45,000 Active 1 DOM
-
2026-07-31days on market $49,950 Active 129 DOM
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2026-07-30days on market $49,950 Active 127 DOM
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2026-07-28days on market $49,950 Active 126 DOM
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2026-07-26days on market $49,950 Active 124 DOM
-
2026-07-24days on market $49,950 Active 122 DOM
-
2026-07-23days on market $49,950 Active 121 DOM
-
2026-07-22days on market $49,950 Active 120 DOM
-
2026-07-21days on market $49,950 Active 119 DOM
-
2026-07-20days on market $49,950 Active 118 DOM
-
2026-07-18days on market $49,950 Active 116 DOM
-
2026-07-18days on market $49,950 Active 115 DOM
-
2026-07-16pricedays on market $49,950 Active 114 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 2/10 Low 7 d/yr ≥87°F today · 15 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 6/10 Major 10 unhealthy d/yr today · 12 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $17,543
- − Mortgage interest
- −$2,238
- − Property taxes
- −$599
- − Insurance
- −$200
- − Repairs & maintenance
- −$1,403
- − Management
- −$1,403
- − Depreciation
- −$1,162
- Taxable income
- $10,537
- Est. tax owed @ 24.0%
- −$2,529
- After-tax cash flow
- $8,017/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 9 photos
This home is in good condition with recent updates, making it move-in ready. It offers a good balance of curb appeal and interior updates.
Value-add opportunities
- Both landscaping — enhances curb appeal and adds value ↑
- Both paint exterior — improves curb appeal and adds value ↑
- Both paint interior walls — fresh paint enhances curb appeal and adds value ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Enumclaw School District
- NCES district ID
- 5300001
- Math proficiency
- 54% ▼ -1.00%
- Reading proficiency
- 68% ▬ 0.00%
- Median HH income
- $68,441
- Composite
- 55.21/100
- National rank
- #2736
- State rank
- #46 of 291 in WA
Livability — Enumclaw
- Score
- 88/100
- State rank
- #12
- US rank
- #222
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Enumclaw, WA
- County
- King County · 2,576,485 people
- City population
- 22,418
- Metro
- Seattle-Tacoma-Bellevue, WA
- Population (ZIP)
- 22,418
- Household income
- $120,406
- Rent vs Own
- Severe rent burden
- 7% of renters
Population outlook (King County) Hauer SSP2
- Today (2025)
- 2,576,485 people
- By 2030
- 2,803,316 · +8.8%
- By 2040
- 3,255,921 · +26.4%
- By 2050
- 3,706,444 · +43.9%
- By 2075
- 4,746,063 · +84.2%
- By 2100
- 5,407,730 · +109.9%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (78%)
- Race & ethnicity
- White 78% Hispanic / Latino 10% Two or more races 9% Asian 2% Native American 2%
- Hispanic origin (detail)
- Mexican 8%
- Common ancestry
- Portuguese 7% Italian 4% Slovak 3%
- Foreign-born
- 6% · Canada
- Languages at home
- 91% English-only · Spanish 6% Other Indo-European 1% German/W. Germanic 1%
Political lean MEDSL · King
- 2024 margin
- Solid D (+51.7) · D 74.2% · R 22.5% · Other 3.4%
- 2008→2024 swing
- +9.6pp toward D · 2008: 42.1pp · 2024: 51.7pp
- All cycles
- 2024: D+51.7 2020: D+52.7 2016: D+50.4 2012: D+39.9 2008: D+42.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -605.16%
- Current HPI
- 297.9161
- Rent YoY
- ▲ 4.32%
- Metro
- Seattle-Tacoma-Bellevue, WA
- State GDP YoY
- ▲ 4.65%
- F500 in state
- 22
Industry mix (Fortune 500 HQ in WA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Retail | 2 | $269B |
|
||
| Technology / Retail | 1 | $638B |
|
||
| Technology | 1 | $245B |
|
||
| Telecommunications | 1 | $38B |
|
||
| Food / Beverage | 1 | $36B |
|
||
| Automotive / Trucks | 1 | $34B |
|
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Price history
+125.0% since first listed5 events — show timeline
- 2026-08-06 Listed $45,000 NWMLS as Distributed by MLS Grid
- 2025-11-21 Sold (MLS) $12,000 NWMLS as Distributed by MLS Grid
- 2025-11-04 Pending — NWMLS as Distributed by MLS Grid
- 2025-10-14 Listed $20,000 NWMLS as Distributed by MLS Grid
- 2005-09-23 Listed — NWMLS as Distributed by MLS Grid
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…