15977 Laney Bros Road EOdessaWA99159
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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
Total monthly income runs $1,890/mo, and a $2,203/mo payment. Purchase price stands at $450,000, and rental yield measures 5.04% with $1,890/mo rent. Return on cash invested shows 13.35% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 67.44% and total cumulative return in cash records $100,602. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,890/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1996
10.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99159, Odessa, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 655 (100%) |
| Owner Occupied HU | 455 (69.5%) |
| Renter Occupied HU | 120 (18.3%) |
| Vacant Housing Units | 80 (12.2%) |
| Median Home Value | $254,808 |
| Average Home Value | $311,308 |
Housing Distribution
Address Breakdown
Residential
228
Single Family
227
Multi-Family
1
Businesses
65
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Listed by: Amber Marie Zagelow • Katz Realty, Inc.
Mls Name: NWMLS
Mls ID: #2412740