203 Grant StreetKelsoWA98626
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Nearby investment properties with comparable prices
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 Kelso at 203 Grant Street, Kelso, WA, 98626 offers a 9.14% rental yield on a $169,900 purchase with $1,294/mo rent. Total monthly income registers $1,294/mo, and a $832/mo payment leaves $272/mo available for distribution. Annual cash flow reaches $3,267/yr on $56,322 to close, and return on cash invested stands at 25.71% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 133.78% and total cumulative return in cash at $75,350. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,294/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
3,641 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98626, Kelso, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,729 (100%) |
| Owner Occupied HU | 7,126 (66.4%) |
| Renter Occupied HU | 3,180 (29.6%) |
| Vacant Housing Units | 423 ( 3.9%) |
| Median Home Value | $402,706 |
| Average Home Value | $436,798 |
Housing Distribution
Address Breakdown
Residential
10,343
Single Family
9,456
Multi-Family
887
Businesses
596
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Listed by: Nathan Samander • Realty NW Properties
Mls Name: NWMLS
Mls ID: #2438336