16638 E Highway 124WaitsburgWA99361
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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 Waitsburg at 16638 E Highway 124, Waitsburg, WA, 99361 earns $364/mo cash flow from $2,449/mo rent with a $1,698/mo payment. Total monthly income totals $2,449/mo, and annual cash flow totals $4,364/yr on $114,997 capital. ROI tracks 23.7% on current figures, and rental yield reads 8.47% at a $346,900 purchase. Equity gained on principal adds $2,238/yr, and 5% annual appreciation supports $95,842 over five years. Five-year ROI reaches 122.96% and total cumulative return in cash sums $141,397. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,449/mo property income instead of your personal income.
Single Family
Built in 1976
4.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99361, Waitsburg, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 886 (100%) |
| Owner Occupied HU | 607 (68.5%) |
| Renter Occupied HU | 175 (19.8%) |
| Vacant Housing Units | 104 (11.7%) |
| Median Home Value | $401,079 |
| Average Home Value | $497,665 |
Housing Distribution
Address Breakdown
Residential
473
Single Family
473
Multi-Family
0
Businesses
44
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Listed by: David W. Hull • Coldwell Banker Walla Walla
Mls Name: NWMLS
Mls ID: #2397019