18822 E Montgomery DrOtis OrchardsWA99027
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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 Otis Orchards at 18822 E Montgomery Dr, Otis Orchards, WA, 99027 generates $2,728/mo in rent and, after a $1,958/mo payment, leaves $323/mo in cash flow. Total monthly income is $2,728/mo, and annual cash flow is $3,880/yr on $132,600 invested. Return on cash invested sits at 22.84% in year one, and rental yield is 8.18% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 118.31% and total cumulative return in cash sums $156,880. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,728/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99027, Otis Orchards, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,825 (100%) |
| Owner Occupied HU | 2,507 (88.7%) |
| Renter Occupied HU | 248 ( 8.8%) |
| Vacant Housing Units | 70 ( 2.5%) |
| Median Home Value | $483,763 |
| Average Home Value | $525,365 |
Housing Distribution
Address Breakdown
Residential
2,597
Single Family
2,597
Multi-Family
0
Businesses
149
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Listed by: Jonas Elber • RE/MAX of Spokane
Mls Name: SMLS
Mls Provider:
Mls ID: #202520437
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.