1345 Michele AveWalla WallaWA99362
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Walla Walla at 1345 Michele Ave, Walla Walla, WA, 99362 earns $442/mo cash flow from $2,606/mo rent with a $1,742/mo payment. Total monthly income totals $2,606/mo, and annual cash flow totals $5,306/yr on $118,011 capital. ROI tracks 24.41% on current figures, and rental yield reads 8.78% at a $355,990 purchase. Equity gained on principal adds $2,297/yr, and 5% annual appreciation supports $98,353 over five years. Five-year ROI reaches 126.83% and total cumulative return in cash sums $149,674. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,606/mo property income instead of your personal income.
Single Family
Built in 2026
8,241 sqft lot
$N/A/sqft
$73 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99362, Walla Walla, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,781 (100%) |
| Owner Occupied HU | 10,838 (61.0%) |
| Renter Occupied HU | 5,653 (31.8%) |
| Vacant Housing Units | 1,290 ( 7.3%) |
| Median Home Value | $447,553 |
| Average Home Value | $489,614 |
Housing Distribution
Address Breakdown
Residential
17,029
Single Family
15,302
Multi-Family
1,727
Businesses
1,765
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Listed by: Megan Laird • New Home Star Washington, LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2461496
Disclaimer: Based on information submitted to the MLS GRID as of 2025-12-20 08:29:01 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)