214 Old Spreadborough RoadKalamaWA98625
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 Kalama at 214 Old Spreadborough Road, Kalama, WA, 98625 offers $1,739/mo rent that, after a $2,051/mo payment. Total monthly income is $1,739/mo. Return on cash invested measures 13.17% in year one, and rental yield stands at 4.98% at a $419,000 entry. Equity gained on principal adds $2,704/yr while 5% annual appreciation compounds into $115,762 by year five. Five-year ROI records 66.51% and total cumulative return in cash reaches $92,381. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,739/mo property income versus a $2,051/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
17.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98625, Kalama, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,171 (100%) |
| Owner Occupied HU | 2,489 (78.5%) |
| Renter Occupied HU | 469 (14.8%) |
| Vacant Housing Units | 213 ( 6.7%) |
| Median Home Value | $568,299 |
| Average Home Value | $654,277 |
Housing Distribution
Address Breakdown
Residential
2,282
Single Family
2,266
Multi-Family
16
Businesses
166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Lolma • Windermere Northwest Living
Mls Name: NWMLS
Mls ID: #2420499