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930 Mountain Villa Loop
C Composite 59.8
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

930 Mountain Villa Loop · Enumclaw, WA 98022
2 bd · 1.0 ba · 840 sqft · Manufactured
Manufactured home 55+ age-restricted Built 1986 Good condition $48/sqft · 59% below area

🖨 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

OPEN FLOOR PLANIN HOME LAUNDRY CONNECTIONSCOVERED FRONT PORCHACTIVE CLUBHOUSEOPEN PARK SPACESRV STORAGE

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

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.
Recommended offer $39,950

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. 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.
  3. 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.
  4. 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

5-year hold
IRR
96.6%
Equity multiple
5.60×
Total profit
$51,488
Equity at exit
$5,957
10-year hold
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
Just-cause statewide (2021); Seattle layers rent control restrictions + relocation assistance; very tenant-friendly.
Balanced market Market conditions within 1.0 mi — comparable homes for sale

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

Break-even rent $349
Max offer price $39,950
Occupancy floor 35%

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
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

AddressBedsBaths SqftRent$/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

  1. 2026-09-21
    days on market $39,950 Active
  2. 2026-09-20
    days on market $39,950 Active 45 DOM
  3. 2026-09-19
    days on market $39,950 Active 44 DOM
  4. 2026-09-18
    days on market $39,950 Active 43 DOM
  5. 2026-09-17
    days on market $39,950 Active 42 DOM
  6. 2026-09-16
    days on market $39,950 Active 41 DOM
  7. 2026-09-15
    days on market $39,950 Active 40 DOM
  8. 2026-09-14
    days on market $39,950 Active 39 DOM
  9. 2026-09-13
    days on market $39,950 Active 38 DOM
  10. 2026-09-12
    days on market $39,950 Active 37 DOM
  11. 2026-09-11
    days on market $39,950 Active 36 DOM
  12. 2026-09-05
    days on market $39,950 Active 30 DOM
  13. 2026-09-04
    days on market $39,950 Active 29 DOM
  14. 2026-09-03
    days on market $39,950 Active 28 DOM
  15. 2026-08-31
    pricedays on market $39,950 Active 25 DOM
  16. 2026-08-30
    days on market $45,000 Active 24 DOM
  17. 2026-08-29
    days on market $45,000 Active 23 DOM
  18. 2026-08-28
    days on market $45,000 Active 22 DOM
  19. 2026-08-27
    days on market $45,000 Active 21 DOM
  20. 2026-08-25
    days on market $45,000 Active 19 DOM
  21. 2026-08-24
    days on market $45,000 Active 18 DOM
  22. 2026-08-23
    days on market $45,000 Active 17 DOM
  23. 2026-08-22
    days on market $45,000 Active 16 DOM
  24. 2026-08-21
    days on market $45,000 Active 15 DOM
  25. 2026-08-20
    days on market $45,000 Active 14 DOM
  26. 2026-08-19
    days on market $45,000 Active 13 DOM
  27. 2026-08-18
    days on market $45,000 Active 12 DOM
  28. 2026-08-17
    days on market $45,000 Active 11 DOM
  29. 2026-08-16
    days on market $45,000 Active 10 DOM
  30. 2026-08-15
    days on market $45,000 Active 9 DOM
  31. 2026-08-14
    days on market $45,000 Active 8 DOM
  32. 2026-08-13
    days on market $45,000 Active 7 DOM
  33. 2026-08-12
    days on market $45,000 Active 6 DOM
  34. 2026-08-11
    days on market $45,000 Active 5 DOM
  35. 2026-08-10
    days on market $45,000 Active 4 DOM
  36. 2026-08-09
    days on market $45,000 Active 3 DOM
  37. 2026-08-08
    days on market $45,000 Active 2 DOM
  38. 2026-08-07
    pricedays on marketlisting id $45,000 Active 1 DOM
  39. 2026-07-31
    days on market $49,950 Active 129 DOM
  40. 2026-07-30
    days on market $49,950 Active 127 DOM
  41. 2026-07-28
    days on market $49,950 Active 126 DOM
  42. 2026-07-26
    days on market $49,950 Active 124 DOM
  43. 2026-07-24
    days on market $49,950 Active 122 DOM
  44. 2026-07-23
    days on market $49,950 Active 121 DOM
  45. 2026-07-22
    days on market $49,950 Active 120 DOM
  46. 2026-07-21
    days on market $49,950 Active 119 DOM
  47. 2026-07-20
    days on market $49,950 Active 118 DOM
  48. 2026-07-18
    days on market $49,950 Active 116 DOM
  49. 2026-07-18
    days on market $49,950 Active 115 DOM
  50. 2026-07-16
    pricedays 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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

Good 80/100 Cosmetic rehab Est. rehab $4,200–$12,600 screening

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

Elementary Southwood Elementary School Middle Enumclaw Middle School High Enumclaw Sr High School

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
A Composite livability gradescore 88/100

Livability — Enumclaw

Score
88/100
State rank
#12
US rank
#222

Category grades

Amenities A+ Commute B+ Cost of living D- Crime A+ Employment A- Housing A+ Health & safety A+ User ratings A+

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
18.8% rent · 81.2% 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

Price history

+125.0% since first listed
5 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

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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