212 E Locust StreetCoulee CityWA99115
Nearby investment properties with comparable rents
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
Rental property for sale in Coulee City at 212 E Locust Street, Coulee City, WA, 99115 offers $2,476/mo rent that, after a $1,790/mo payment, leaves $278/mo cash flow. Total monthly income is $2,476/mo, and annual cash flow is $3,331/yr on $121,246 cash. Return on cash invested measures 22.66% in year one, and rental yield stands at 8.12% at a $365,750 entry. Equity gained on principal adds $2,360/yr while 5% annual appreciation compounds into $101,050 by year five. Five-year ROI records 117.34% and total cumulative return in cash reaches $142,275. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,476/mo property income versus a $1,790/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99115, Coulee City, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 906 (100%) |
| Owner Occupied HU | 422 (46.6%) |
| Renter Occupied HU | 112 (12.4%) |
| Vacant Housing Units | 372 (41.1%) |
| Median Home Value | $225,962 |
| Average Home Value | $305,563 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
54
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Listed by: Walter Scamehorn • Dove Realty, Inc.
Mls Name: NWMLS
Mls ID: #2454777