2126 23rd StClarkstonWA99403
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 2126 23rd St, Clarkston, WA, 99403 in Clarkston worth study. Rental yield 5.99%. The 5.99% gross yield is below cash-flow benchmarks at $565,000, but 5% annual appreciation, adding $156,099 over five years, frames this as a capital growth position. Rent of $2,820/mo partially offsets the $2,541/mo payment. Ziffy Mortgage finances appreciation-play properties (1.11 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $176,747.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.2% |
| Monthly Cash Flow | $(576) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,820 |
| Total Monthly Debt Service | $3,172 |
| DSCR Ratio | 0.89x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2001
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99403, Clarkston, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,384 (100%) |
| Owner Occupied HU | 6,138 (65.4%) |
| Renter Occupied HU | 2,689 (28.7%) |
| Vacant Housing Units | 557 ( 5.9%) |
| Median Home Value | $341,054 |
| Average Home Value | $382,540 |
Housing Distribution
Address Breakdown
Residential
8,772
Single Family
8,372
Multi-Family
400
Businesses
599
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
Single Family
Built in 2001
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99403, Clarkston, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,384 (100%) |
| Owner Occupied HU | 6,138 (65.4%) |
| Renter Occupied HU | 2,689 (28.7%) |
| Vacant Housing Units | 557 ( 5.9%) |
| Median Home Value | $341,054 |
| Average Home Value | $382,540 |
Housing Distribution
Address Breakdown
Residential
8,772
Single Family
8,372
Multi-Family
400
Businesses
599
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francis Denevan • River Cities Real Estate
Mls Name: IMLS
Mls ID: #98975758