11761 Thorp Highway NThorpWA98946
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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
Rental property for sale in Thorp at 11761 Thorp Highway N, Thorp, WA, 98946 generates $0/mo in rent, after a $4,890/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.87% in year one, and rental yield is 0% on a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation builds toward $276,005 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98946, Thorp, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 348 (100%) |
| Owner Occupied HU | 221 (63.5%) |
| Renter Occupied HU | 34 ( 9.8%) |
| Vacant Housing Units | 93 (26.7%) |
| Median Home Value | $682,566 |
| Average Home Value | $824,219 |
Housing Distribution
Address Breakdown
Residential
144
Single Family
144
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Stephanie Zipperer • John L. Scott RE Cle Elum
Mls Name: NWMLS
Mls ID: #2419044