147 Balboa LoopKelsoWA98626
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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 Kelso at 147 Balboa Loop, Kelso, WA, 98626 priced at $390,000 converts $2,388/mo rent into after a $1,909/mo obligation. Total monthly income equals $2,388/mo. Return on cash invested prints 19.05% in year one, and rental yield reads 7.35% against a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,750 by year five. Five-year ROI reaches 98.48% and total cumulative return in cash sums $127,316. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,388/mo property income covering a $1,909/mo payment, not borrower’s personal income.
Multi Family
Built in 1996
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98626, Kelso, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,729 (100%) |
| Owner Occupied HU | 7,126 (66.4%) |
| Renter Occupied HU | 3,180 (29.6%) |
| Vacant Housing Units | 423 ( 3.9%) |
| Median Home Value | $402,706 |
| Average Home Value | $436,798 |
Housing Distribution
Address Breakdown
Residential
10,343
Single Family
9,456
Multi-Family
887
Businesses
596
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Listed by: Tena L Wilcox • Home Trends NW
Mls Name: NWMLS
Mls Provider:
Mls ID: #1973041
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-26 03:34:41 PDT. 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)