230 S 8th StIoneWA99139
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 230 S 8th St, Ione, WA, 99139 in Ione hard to pass up. The 10.25% gross yield on a $217,500 purchase results in $1,858/mo in rent and $550/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.80). Annual cash flow of $6,602, five-year appreciation of $60,091, and $1,823/yr in equity build-up combine for a projected total cumulative return of $113,689.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.2% |
| Monthly Cash Flow | $550 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,858 |
| Total Monthly Debt Service | $1,274 |
| DSCR Ratio | 1.46x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
0.99 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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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
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Listed by: N/A • N/A
Mls Name: SMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #202623979
