205 E Cedar StreetOthelloWA99344
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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 Othello at 205 E Cedar Street, Othello, WA, 99344 with 5% annual appreciation on a $340,000 basis while $2,713/mo rent supports operations. Total monthly income totals $2,713/mo and a $1,664/mo payment preserves $669/mo for cash returns. Annual cash flow comes to $8,032/yr on $112,710 deployed, and return on cash invested reaches 27.04% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 9.58%. Five-year ROI measures 140.84% and total cumulative return in cash totals $158,742.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,713/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1971
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99344, Othello, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,983 (100%) |
| Owner Occupied HU | 3,504 (58.6%) |
| Renter Occupied HU | 2,056 (34.4%) |
| Vacant Housing Units | 423 ( 7.1%) |
| Median Home Value | $296,239 |
| Average Home Value | $321,831 |
Housing Distribution
Address Breakdown
Residential
5,627
Single Family
5,237
Multi-Family
390
Businesses
449
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Listed by: Otoniel R Nunez II • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2467294