1120 Main StreetOrovilleWA98844
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 Oroville at 1120 Main Street, Oroville, WA, 98844 generates $1,740/mo in rent, after a $1,713/mo payment. Total monthly income is $1,740/mo. Return on cash invested sits at 16.15% in year one, and rental yield is 5.97% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 82.46% and total cumulative return in cash sums $95,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,740/mo property income rather than buyer’s personal income.
Single Family
Built in 1909
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98844, Oroville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,957 (100%) |
| Owner Occupied HU | 1,431 (48.4%) |
| Renter Occupied HU | 602 (20.4%) |
| Vacant Housing Units | 924 (31.2%) |
| Median Home Value | $317,982 |
| Average Home Value | $376,214 |
Housing Distribution
Address Breakdown
Residential
1,762
Single Family
1,686
Multi-Family
76
Businesses
198
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris C. Nye • MLS4owners.com
Mls Name: NWMLS
Mls ID: #2471582