117 W Oak StreetMcClearyWA98557
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
Investment property for sale in McCleary at 117 W Oak Street, McCleary, WA, 98557 at $375,000 posts ROI 22.09% with $226/mo cash flow from $2,480/mo rent. Total monthly income equals $2,480/mo, and annual cash flow records $2,715/yr on $124,313 to close. Return on cash invested measures 22.09% and rental yield reads 7.94% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 114.35% and total cumulative return in cash totals $142,155.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,480/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
6,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98557, Mccleary, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,569 (100%) |
| Owner Occupied HU | 1,159 (73.9%) |
| Renter Occupied HU | 324 (20.7%) |
| Vacant Housing Units | 86 ( 5.5%) |
| Median Home Value | $445,349 |
| Average Home Value | $455,349 |
Housing Distribution
Address Breakdown
Residential
1,212
Single Family
1,164
Multi-Family
48
Businesses
67
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Listed by: Kevin Spivey • Spivey Realty Group, LLC
Mls Name: NWMLS
Mls ID: #2414943