1037 SE Date Place #1College PlaceWA99324
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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
Investment property for sale in College Place at 1037 SE Date Place #1, College Place, WA, 99324 listed at $459,000 pairs $1,998/mo rent with a $2,247/mo payment. Total monthly income runs $1,998/mo. Return on cash invested measures 13.9% in year one, and rental yield registers 5.22% at a $459,000 basis. Equity gained on principal adds $2,962/yr, and annual property appreciation at 5% supports $126,813 by year five. Five-year ROI tracks 70.41% and total cumulative return in cash totals $107,135. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,998/mo property income relative to a $2,247/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99324, College Place, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,388 (100%) |
| Owner Occupied HU | 2,378 (54.2%) |
| Renter Occupied HU | 1,557 (35.5%) |
| Vacant Housing Units | 453 (10.3%) |
| Median Home Value | $437,500 |
| Average Home Value | $456,674 |
Housing Distribution
Address Breakdown
Residential
4,212
Single Family
4,040
Multi-Family
172
Businesses
236
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Listed by: Slava Stefoglo • Homes & Equity Real Estate Grp
Mls Name: NWMLS
Mls ID: #2430541