121 N Lake StTekoaWA99033
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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 Tekoa at 121 N Lake St, Tekoa, WA, 99033 with 5% annual appreciation on a $265,000 basis while $2,035/mo rent supports operations. Total monthly income totals $2,035/mo and a $1,297/mo payment preserves $442/mo for cash returns. Annual cash flow comes to $5,305/yr on $87,848 deployed, and return on cash invested reaches 25.95% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 9.22%. Five-year ROI measures 135.03% and total cumulative return in cash totals $118,623.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,035/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99033, Tekoa, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 435 (100%) |
| Owner Occupied HU | 311 (71.5%) |
| Renter Occupied HU | 79 (18.2%) |
| Vacant Housing Units | 45 (10.3%) |
| Median Home Value | $334,946 |
| Average Home Value | $318,754 |
Housing Distribution
Address Breakdown
Residential
158
Single Family
140
Multi-Family
18
Businesses
40
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Listed by: Fawn Tipton • Best Choice Realty
Mls Name: SMLS
Mls ID: #202527556