16 Westlund DriveOrovilleWA98844
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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
Investment property for sale in Oroville at 16 Westlund Drive, Oroville, WA, 98844 earns from $2,029/mo rent with a $2,863/mo payment. Total monthly income totals $2,029/mo. ROI tracks 10.79% on current figures, and rental yield reads 4.16% at a $585,000 purchase. Equity gained on principal adds $3,775/yr, and 5% annual appreciation supports $161,625 over five years. Five-year ROI reaches 53.66% and total cumulative return in cash sums $103,278. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,029/mo property income instead of your personal income.
Single Family
Built in 2012
2.46 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: Lynsey Cantlon • Keller Williams Realty Spokane
Mls Name: NWMLS
Mls ID: #2395280