1224 S 11th AvePascoWA99301
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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 Pasco at 1224 S 11th Ave, Pasco, WA, 99301 offers a 8.75% rental yield on a $359,900 purchase with $2,623/mo rent. Total monthly income registers $2,623/mo, and a $1,762/mo payment leaves $459/mo available for distribution. Annual cash flow reaches $5,509/yr on $119,307 to close, and return on cash invested stands at 24.53% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 127.41% and total cumulative return in cash at $152,006. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,623/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99301, Pasco, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 29,378 (100%) |
| Owner Occupied HU | 20,191 (68.7%) |
| Renter Occupied HU | 8,247 (28.1%) |
| Vacant Housing Units | 940 ( 3.2%) |
| Median Home Value | $383,669 |
| Average Home Value | $429,423 |
Housing Distribution
Address Breakdown
Residential
27,783
Single Family
26,953
Multi-Family
830
Businesses
1,621
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Listed by: Tracy Phillips • Coldwell Banker Tomlinson
Mls Name: PACMLS
Mls ID: #289743