2004 Mary LaneWalla 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
Rental property for sale in Walla Walla at 2004 Mary Lane, Walla Walla, WA, 99362 generates $2,339/mo in rent and, after a $1,865/mo payment, leaves $49/mo in cash flow. Total monthly income is $2,339/mo, and annual cash flow is $583/yr on $126,302 invested. Return on cash invested sits at 20.37% in year one, and rental yield is 7.37% on a $381,000 entry. Equity gained on principal adds $2,459/yr, while 5% annual appreciation builds toward $105,263 over five years. Five-year ROI reaches 105.09% and total cumulative return in cash sums $132,735. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,339/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
6,364 sqft 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: Jessica Hoefer • Coldwell Banker Tomlinson
Mls Name: NWMLS
Mls ID: #2464490