2002 N Palouse RdColfaxWA99111
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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 Colfax at 2002 N Palouse Rd, Colfax, WA, 99111 at $1,050,000 posts ROI 6.45% with from $2,366/mo rent. Total monthly income equals $2,366/mo. Return on cash invested measures 6.45% and rental yield reads 2.7% at the current $1,050,000. Equity gained on principal adds $6,775/yr, and 5% annual appreciation supports $290,096 by year five. Five-year ROI prints 30.35% and total cumulative return in cash totals $103,253. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,366/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99111, Colfax, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,007 (100%) |
| Owner Occupied HU | 1,244 (62.0%) |
| Renter Occupied HU | 599 (29.8%) |
| Vacant Housing Units | 164 ( 8.2%) |
| Median Home Value | $297,552 |
| Average Home Value | $368,139 |
Housing Distribution
Address Breakdown
Residential
1,805
Single Family
1,639
Multi-Family
166
Businesses
249
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Listed by: Justin Cofer • Beasley Realty
Mls Name: PACMLS
Mls Provider:
Mls ID: #281734
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.