208 S Victoria StChewelahWA99109
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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 Chewelah at 208 S Victoria St, Chewelah, WA, 99109 priced at $199,900 converts $1,213/mo rent into $12/mo cash flow after a $978/mo obligation. Total monthly income equals $1,213/mo, and annual cash flow totals $141/yr on $66,267 invested. Return on cash invested prints 20.12% in year one, and rental yield reads 7.28% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 103.74% and total cumulative return in cash sums $68,749. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,213/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1999
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99109, Chewelah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,665 (100%) |
| Owner Occupied HU | 1,779 (66.8%) |
| Renter Occupied HU | 613 (23.0%) |
| Vacant Housing Units | 273 (10.2%) |
| Median Home Value | $359,125 |
| Average Home Value | $428,259 |
Housing Distribution
Address Breakdown
Residential
2,027
Single Family
1,949
Multi-Family
78
Businesses
164
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Listed by: Hunter Mackay • eXp Realty, LLC
Mls Name: SMLS
Mls ID: #202610776