132 2nd StDiamondWA99111
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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 Diamond at 132 2nd St, Diamond, WA, 99111 generates $1,814/mo in rent and, after a $1,370/mo payment, leaves $131/mo in cash flow. Total monthly income is $1,814/mo, and annual cash flow is $1,576/yr on $92,820 invested. Return on cash invested sits at 21.61% in year one, and rental yield is 7.77% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 111.74% and total cumulative return in cash sums $103,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,814/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99111, Colfax, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,007 (100%) |
| Owner Occupied HU | 1,244 (62.0%) |
| Renter Occupied HU | 599 (29.8%) |
| Vacant Housing Units | 164 ( 8.2%) |
| Median Home Value | $297,552 |
| Average Home Value | $368,139 |
Housing Distribution
Address Breakdown
Residential
1,805
Single Family
1,639
Multi-Family
166
Businesses
249
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Listed by: Deann Billing • United Country Real Estate - Team Washington
Mls Name: PACMLS
Mls ID: #284915