209 W 6th AveRitzvilleWA99169
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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 Ritzville at 209 W 6th Ave, Ritzville, WA, 99169 uses $149,175 cash to close to unlock $13,410/yr annual cash flow and $1,118/mo monthly cash flow. Total monthly income runs $3,823/mo, and a $2,203/mo payment keeps the spread at $1,118/mo. Purchase price stands at $450,000, and rental yield measures 10.19% with $3,823/mo rent. Return on cash invested shows 28.9% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 150.83% and total cumulative return in cash records $224,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,823/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1911
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99169, Ritzville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,278 (100%) |
| Owner Occupied HU | 847 (66.3%) |
| Renter Occupied HU | 288 (22.5%) |
| Vacant Housing Units | 143 (11.2%) |
| Median Home Value | $224,485 |
| Average Home Value | $304,870 |
Housing Distribution
Address Breakdown
Residential
1,003
Single Family
939
Multi-Family
64
Businesses
167
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Listed by: Chelsey Graves • Coldwell Banker Tomlinson
Mls Name: SMLS
Mls Provider:
Mls ID: #202520959
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.