120 S Granite StreetOmakWA98841
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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 Omak at 120 S Granite Street, Omak, WA, 98841 with 5% annual appreciation on a $235,000 basis while $1,829/mo rent supports operations. Total monthly income totals $1,829/mo and a $1,150/mo payment preserves $417/mo for cash returns. Annual cash flow comes to $4,999/yr on $77,903 deployed, and return on cash invested reaches 26.33% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 9.34%. Five-year ROI measures 137.04% and total cumulative return in cash totals $106,756.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,829/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98841, Omak, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,001 (100%) |
| Owner Occupied HU | 2,515 (62.9%) |
| Renter Occupied HU | 1,148 (28.7%) |
| Vacant Housing Units | 338 ( 8.4%) |
| Median Home Value | $368,091 |
| Average Home Value | $461,387 |
Housing Distribution
Address Breakdown
Residential
2,507
Single Family
2,375
Multi-Family
132
Businesses
337
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Listed by: Summer Olson • RE/MAX Welcome Home
Mls Name: NWMLS
Mls ID: #2451902