1918 J Street #102Walla WallaWA99362
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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 Walla Walla at 1918 J Street #102, Walla Walla, WA, 99362 offers a 9.32% rental yield on a $125,000 purchase with $971/mo rent. Total monthly income registers $971/mo, and a $612/mo payment leaves $219/mo available for distribution. Annual cash flow reaches $2,633/yr on $41,438 to close, and return on cash invested stands at 26.26% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 136.76% and total cumulative return in cash at $56,669. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $971/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99362, Walla Walla, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,781 (100%) |
| Owner Occupied HU | 10,838 (61.0%) |
| Renter Occupied HU | 5,653 (31.8%) |
| Vacant Housing Units | 1,290 ( 7.3%) |
| Median Home Value | $447,553 |
| Average Home Value | $489,614 |
Housing Distribution
Address Breakdown
Residential
17,029
Single Family
15,302
Multi-Family
1,727
Businesses
1,765
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Listed by: Allison Stensrude • Windermere RE Walla Walla
Mls Name: NWMLS
Mls ID: #2464245