103 Blackwell StIoneWA99139
Nearby investment properties with comparable rents
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
Rental property for sale in Ione at 103 Blackwell St, Ione, WA, 99139 offers $2,086/mo rent that, after a $1,610/mo payment, leaves $109/mo cash flow. Total monthly income is $2,086/mo, and annual cash flow is $1,303/yr on $109,064 cash. Return on cash invested measures 21.1% in year one, and rental yield stands at 7.61% at a $329,000 entry. Equity gained on principal adds $2,123/yr while 5% annual appreciation compounds into $90,897 by year five. Five-year ROI records 109.03% and total cumulative return in cash reaches $118,917. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,086/mo property income versus a $1,610/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99139, Ione, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 683 (100%) |
| Owner Occupied HU | 403 (59.0%) |
| Renter Occupied HU | 96 (14.1%) |
| Vacant Housing Units | 184 (26.9%) |
| Median Home Value | $360,638 |
| Average Home Value | $511,563 |
Housing Distribution
Address Breakdown
Residential
173
Single Family
173
Multi-Family
0
Businesses
44
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Listed by: KEN L HOUSE • KELLER WILLIAMS REALTY COLVILLE
Mls Name: Northeast Washington AOR
Mls ID: #45268