1105 E Olympia Street EOthelloWA99344
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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 Othello at 1105 E Olympia Street E, Othello, WA, 99344 earns from $3,074/mo rent with a $2,545/mo payment. Total monthly income totals $3,074/mo. ROI tracks 19.7% on current figures, and rental yield reads 7.1% at a $519,900 purchase. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,639 over five years. Five-year ROI reaches 101.45% and total cumulative return in cash sums $173,536. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,074/mo property income instead of your personal income.
Single Family
Built in 2019
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99344, Othello, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,983 (100%) |
| Owner Occupied HU | 3,504 (58.6%) |
| Renter Occupied HU | 2,056 (34.4%) |
| Vacant Housing Units | 423 ( 7.1%) |
| Median Home Value | $296,239 |
| Average Home Value | $321,831 |
Housing Distribution
Address Breakdown
Residential
5,627
Single Family
5,237
Multi-Family
390
Businesses
449
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Listed by: Jessie "Weno" Dominguez • Imagine Realty Grp ERA Powered
Mls Name: NWMLS
Mls ID: #2469975