16 Nealey RdOrovilleWA98844
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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 Oroville at 16 Nealey Rd, Oroville, WA, 98844 priced at $1,700,000 converts $2,017/mo rent into after a $8,321/mo obligation. Total monthly income equals $2,017/mo. Return on cash invested prints 2.5% in year one, and rental yield reads 1.42% against a $1,700,000 entry. Equity gained on principal adds $10,970/yr, while 5% annual appreciation compiles into $469,679 by year five. Five-year ROI reaches 9.15% and total cumulative return in cash sums $50,395. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,017/mo property income covering a $8,321/mo payment, not borrower’s personal income.
Single Family
Built in 1973
136 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98844, Oroville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,957 (100%) |
| Owner Occupied HU | 1,431 (48.4%) |
| Renter Occupied HU | 602 (20.4%) |
| Vacant Housing Units | 924 (31.2%) |
| Median Home Value | $317,982 |
| Average Home Value | $376,214 |
Housing Distribution
Address Breakdown
Residential
1,762
Single Family
1,686
Multi-Family
76
Businesses
198
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Listed by: N/A • N/A
Mls Name: FSBO-Online.com
Mls ID: #N/A