216 S 8th AveIoneWA99139
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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 Ione at 216 S 8th Ave, Ione, WA, 99139 earns $313/mo cash flow from $2,207/mo rent with a $1,542/mo payment. Total monthly income totals $2,207/mo, and annual cash flow totals $3,759/yr on $104,423 capital. ROI tracks 23.51% on current figures, and rental yield reads 8.41% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 121.94% and total cumulative return in cash sums $127,337. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,207/mo property income instead of your personal income.
Single Family
Built in N/A
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99139, Ione, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 683 (100%) |
| Owner Occupied HU | 403 (59.0%) |
| Renter Occupied HU | 96 (14.1%) |
| Vacant Housing Units | 184 (26.9%) |
| Median Home Value | $360,638 |
| Average Home Value | $511,563 |
Housing Distribution
Address Breakdown
Residential
173
Single Family
173
Multi-Family
0
Businesses
44
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Listed by: Alicia Haney • CENTURY 21, Kelly Davis
Mls Name: Northeast Washington AOR
Mls ID: #44707
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.