1516 W Arabian AveColbertWA99005
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 Colbert at 1516 W Arabian Ave, Colbert, WA, 99005 earns from $2,354/mo rent with a $2,080/mo payment. Total monthly income totals $2,354/mo. ROI tracks 18.2% on current figures, and rental yield reads 6.65% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 93.46% and total cumulative return in cash sums $131,669. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,354/mo property income instead of your personal income.
Manufactured
Built in 1994
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99005, Colbert, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,714 (100%) |
| Owner Occupied HU | 3,414 (91.9%) |
| Renter Occupied HU | 228 ( 6.1%) |
| Vacant Housing Units | 72 ( 1.9%) |
| Median Home Value | $622,276 |
| Average Home Value | $660,747 |
Housing Distribution
Address Breakdown
Residential
3,550
Single Family
3,370
Multi-Family
180
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Connelly • Windermere North
Mls Name: SMLS
Mls Provider:
Mls ID: #202520323
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.