1645 NE Merman Dr APT A201PullmanWA99163
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 Pullman at 1645 NE Merman Dr APT A201, Pullman, WA, 99163 earns from $1,153/mo rent with a $945/mo payment. Total monthly income totals $1,153/mo. ROI tracks 19.77% on current figures, and rental yield reads 7.17% at a $193,000 purchase. Equity gained on principal adds $1,245/yr, and 5% annual appreciation supports $53,322 over five years. Five-year ROI reaches 101.87% and total cumulative return in cash sums $65,178. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,153/mo property income instead of your personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99163, Pullman, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,993 (100%) |
| Owner Occupied HU | 4,536 (30.3%) |
| Renter Occupied HU | 8,806 (58.7%) |
| Vacant Housing Units | 1,651 (11.0%) |
| Median Home Value | $463,249 |
| Average Home Value | $503,804 |
Housing Distribution
Address Breakdown
Residential
14,110
Single Family
9,458
Multi-Family
4,652
Businesses
855
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Clark • Windermere Lewiston
Mls Name: PACMLS
Mls ID: #290084