212 Nine Mile RoadOrovilleWA98844
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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 Oroville at 212 Nine Mile Road, Oroville, WA, 98844 offers $3,097/mo rent that, after a $2,442/mo payment, leaves $98/mo cash flow. Total monthly income is $3,097/mo, and annual cash flow is $1,173/yr on $165,419 cash. Return on cash invested measures 20.62% in year one, and rental yield stands at 7.45% at a $499,000 entry. Equity gained on principal adds $3,220/yr while 5% annual appreciation compounds into $137,865 by year five. Five-year ROI records 106.41% and total cumulative return in cash reaches $176,022. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,097/mo property income versus a $2,442/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98844, Oroville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,957 (100%) |
| Owner Occupied HU | 1,431 (48.4%) |
| Renter Occupied HU | 602 (20.4%) |
| Vacant Housing Units | 924 (31.2%) |
| Median Home Value | $317,982 |
| Average Home Value | $376,214 |
Housing Distribution
Address Breakdown
Residential
1,762
Single Family
1,686
Multi-Family
76
Businesses
198
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Listed by: Bridget Hammond • ProStaff Real Estate
Mls Name: NWMLS
Mls ID: #2420384