1315 E GemstoneOthelloWA99344
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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
Rental property for sale in Othello at 1315 E Gemstone, Othello, WA, 99344 generates $2,846/mo in rent and, after a $1,586/mo payment, leaves $898/mo in cash flow. Total monthly income is $2,846/mo, and annual cash flow is $10,778/yr on $107,406 invested. Return on cash invested sits at 29.94% in year one, and rental yield is 10.54% on a $324,000 entry. Equity gained on principal adds $2,091/yr, while 5% annual appreciation builds toward $89,515 over five years. Five-year ROI reaches 156.46% and total cumulative return in cash sums $168,047. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,846/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
6,481 sqft 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: Yasmin Barajas-Jimenez • Tri Cities Realty Group LLC
Mls Name: NWMLS
Mls ID: #2459858