16 river overlook StreetOmakWA98841
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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 $2,947/mo, and a $2,692/mo payment. Purchase price stands at $550,000, and rental yield measures 6.43% with $2,947/mo rent. Return on cash invested shows 17.68% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 90.61% and total cumulative return in cash records $163,954. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,947/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1998
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98841, Omak, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,001 (100%) |
| Owner Occupied HU | 2,515 (62.9%) |
| Renter Occupied HU | 1,148 (28.7%) |
| Vacant Housing Units | 338 ( 8.4%) |
| Median Home Value | $368,091 |
| Average Home Value | $461,387 |
Housing Distribution
Address Breakdown
Residential
2,507
Single Family
2,375
Multi-Family
132
Businesses
337
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Listed by: Brian C. Lowary • Windermere Omak
Mls Name: NWMLS
Mls ID: #2393714