1178 Oregon AveRepublicWA99166
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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 Republic at 1178 Oregon Ave, Republic, WA, 99166 generates $1,820/mo in rent and, after a $1,175/mo payment, leaves $377/mo in cash flow. Total monthly income is $1,820/mo, and annual cash flow is $4,524/yr on $79,560 invested. Return on cash invested sits at 25.6% in year one, and rental yield is 9.1% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 133.09% and total cumulative return in cash sums $105,890. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,820/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99166, Republic, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,790 (100%) |
| Owner Occupied HU | 1,099 (61.4%) |
| Renter Occupied HU | 323 (18.0%) |
| Vacant Housing Units | 368 (20.6%) |
| Median Home Value | $326,406 |
| Average Home Value | $403,439 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
980
Multi-Family
63
Businesses
177
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Listed by: Crystal Strong • WINDERMERE RE / REPUBLIC
Mls Name: Northeast Washington AOR
Mls ID: #45080