1205 E Rainier StreetOthelloWA99344
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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 Othello at 1205 E Rainier Street, Othello, WA, 99344 earns from $3,706/mo rent with a $3,397/mo payment. Total monthly income totals $3,706/mo. ROI tracks 17.61% on current figures, and rental yield reads 6.41% at a $694,000 purchase. Equity gained on principal adds $4,478/yr, and 5% annual appreciation supports $191,739 over five years. Five-year ROI reaches 90.27% and total cumulative return in cash sums $206,116. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,706/mo property income instead of your personal income.
Single Family
Built in 1998
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99344, Othello, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,983 (100%) |
| Owner Occupied HU | 3,504 (58.6%) |
| Renter Occupied HU | 2,056 (34.4%) |
| Vacant Housing Units | 423 ( 7.1%) |
| Median Home Value | $296,239 |
| Average Home Value | $321,831 |
Housing Distribution
Address Breakdown
Residential
5,627
Single Family
5,237
Multi-Family
390
Businesses
449
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Listed by: Judith Zuniga • Imagine Realty Grp ERA Powered
Mls Name: NWMLS
Mls ID: #2442229