1004 McKinley StColtonWA99113
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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
Investment property for sale in Colton at 1004 McKinley St, Colton, WA, 99113 offers a 8.29% rental yield on a $375,000 purchase with $2,592/mo rent. Total monthly income registers $2,592/mo, and a $1,835/mo payment leaves $338/mo available for distribution. Annual cash flow reaches $4,059/yr on $124,313 to close, and return on cash invested stands at 23.17% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 120.14% and total cumulative return in cash at $149,355. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,592/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99113, Colton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 379 (100%) |
| Owner Occupied HU | 307 (81.0%) |
| Renter Occupied HU | 63 (16.6%) |
| Vacant Housing Units | 9 ( 2.4%) |
| Median Home Value | $522,436 |
| Average Home Value | $590,529 |
Housing Distribution
Address Breakdown
Residential
175
Single Family
175
Multi-Family
0
Businesses
25
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Listed by: Wendy Elliot • Century 21 Price Right
Mls Name: IMLS
Mls ID: #98963567