2253 W Shelly RdOthelloWA99344
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
Investment property for sale in Othello at 2253 W Shelly Rd, Othello, WA, 99344 offers a 9.28% rental yield on a $175,000 purchase with $1,353/mo rent. Total monthly income registers $1,353/mo, and a $857/mo payment leaves $296/mo available for distribution. Annual cash flow reaches $3,551/yr on $58,013 to close, and return on cash invested stands at 26.03% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 135.46% and total cumulative return in cash at $78,583. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,353/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1980
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99344, Othello, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,983 (100%) |
| Owner Occupied HU | 3,504 (58.6%) |
| Renter Occupied HU | 2,056 (34.4%) |
| Vacant Housing Units | 423 ( 7.1%) |
| Median Home Value | $296,239 |
| Average Home Value | $321,831 |
Housing Distribution
Address Breakdown
Residential
5,627
Single Family
5,237
Multi-Family
390
Businesses
449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexandra Witt • TC Brokers
Mls Name: PACMLS
Mls Provider:
Mls ID: #283610
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.