2024 Summit Valley RdAddyWA99101
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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 Addy at 2024 Summit Valley Rd, Addy, WA, 99101 generates $1,543/mo in rent, after a $4,283/mo payment. Total monthly income is $1,543/mo. Return on cash invested sits at 4.57% in year one, and rental yield is 2.12% on a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 20.29% and total cumulative return in cash sums $58,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,543/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99101, Addy, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 641 (100%) |
| Owner Occupied HU | 489 (76.3%) |
| Renter Occupied HU | 90 (14.0%) |
| Vacant Housing Units | 62 ( 9.7%) |
| Median Home Value | $448,106 |
| Average Home Value | $458,349 |
Housing Distribution
Address Breakdown
Residential
532
Single Family
532
Multi-Family
0
Businesses
25
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Listed by: Melissa Mayther • CENTURY 21, Beutler & Associates
Mls Name: Northeast Washington AOR
Mls ID: #45073
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.