1220 Highland AveClarkstonWA99403
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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 Clarkston at 1220 Highland Ave, Clarkston, WA, 99403 offers a 9.82% rental yield on a $249,900 purchase with $2,044/mo rent. Total monthly income registers $2,044/mo, and a $1,223/mo payment leaves $542/mo available for distribution. Annual cash flow reaches $6,503/yr on $82,842 to close, and return on cash invested stands at 27.76% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 144.71% and total cumulative return in cash at $119,882. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,044/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99403, Clarkston, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,384 (100%) |
| Owner Occupied HU | 6,138 (65.4%) |
| Renter Occupied HU | 2,689 (28.7%) |
| Vacant Housing Units | 557 ( 5.9%) |
| Median Home Value | $341,054 |
| Average Home Value | $382,540 |
Housing Distribution
Address Breakdown
Residential
8,772
Single Family
8,372
Multi-Family
400
Businesses
599
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Listed by: Troy Syverson • Century 21 Price Right
Mls Name: IMLS
Mls ID: #98960982