2257 W HWY 26 #1OthelloWA99344
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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
Rental property for sale in Othello at 2257 W HWY 26 #1, Othello, WA, 99344 generates $991/mo in rent and, after a $612/mo payment, leaves $239/mo in cash flow. Total monthly income is $991/mo, and annual cash flow is $2,873/yr on $41,438 invested. Return on cash invested sits at 26.84% in year one, and rental yield is 9.51% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 139.89% and total cumulative return in cash sums $57,965. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $991/mo property income rather than buyer’s personal income.
Manufactured
Built in 1977
N/A 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
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Listed by: Medie Ruiz • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2466369