1305 E Mt Baker 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
Total monthly income runs $2,700/mo, and a $2,275/mo payment. Purchase price stands at $464,900, and rental yield measures 6.97% with $2,700/mo rent. Return on cash invested shows 19.18% in year one, and 5% annual appreciation builds toward $128,443 over five years. Five-year ROI reaches 98.67% and total cumulative return in cash records $152,068. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $2,275/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.29 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: Jessie "Weno" Dominguez • Imagine Realty Grp ERA Powered
Mls Name: NWMLS
Mls ID: #2419638