223 E 2nd stTonasketWA98855
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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 Tonasket at 223 E 2nd st, Tonasket, WA, 98855 uses $125,639 cash to close to unlock $12,393/yr annual cash flow and $1,033/mo monthly cash flow. Total monthly income runs $3,311/mo, and a $1,855/mo payment keeps the spread at $1,033/mo. Purchase price stands at $379,000, and rental yield measures 10.48% with $3,311/mo rent. Return on cash invested shows 29.77% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 155.5% and total cumulative return in cash records $195,371. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,311/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98855, Tonasket, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 2,012 (58.0%) |
| Renter Occupied HU | 689 (19.9%) |
| Vacant Housing Units | 766 (22.1%) |
| Median Home Value | $321,330 |
| Average Home Value | $368,659 |
Housing Distribution
Address Breakdown
Residential
2,229
Single Family
2,179
Multi-Family
50
Businesses
204
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Listed by: Brice Fullerton • RE/MAX Lake and Country
Mls Name: NWMLS
Mls ID: #2419341