135 N 3rd AvenueConnellWA99326
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 Connell at 135 N 3rd Avenue, Connell, WA, 99326 offers a 9.53% rental yield on a $294,900 purchase with $2,342/mo rent. Total monthly income registers $2,342/mo, and a $1,443/mo payment leaves $570/mo available for distribution. Annual cash flow reaches $6,836/yr on $97,759 to close, and return on cash invested stands at 26.9% in year one. Equity gained on principal adds $1,903/yr while 5% annual appreciation supports $81,475 over five years. Portfolio math shows five-year ROI at 140.11% and total cumulative return in cash at $136,975. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,342/mo property income against a $1,443/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1908
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99326, Connell, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 817 (60.0%) |
| Renter Occupied HU | 472 (34.7%) |
| Vacant Housing Units | 73 ( 5.4%) |
| Median Home Value | $346,780 |
| Average Home Value | $383,097 |
Housing Distribution
Address Breakdown
Residential
152
Single Family
152
Multi-Family
0
Businesses
89
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Listed by: Valerie Alderson • Seaquist Real Estate
Mls Name: NWMLS
Mls ID: #2410338