23612 N Hatch RdColbertWA99005
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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 Colbert at 23612 N Hatch Rd, Colbert, WA, 99005 generates $2,760/mo in rent, after a $4,160/mo payment. Total monthly income is $2,760/mo. Return on cash invested sits at 9.98% in year one, and rental yield is 3.9% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 49.33% and total cumulative return in cash sums $137,938. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
9.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99005, Colbert, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,714 (100%) |
| Owner Occupied HU | 3,414 (91.9%) |
| Renter Occupied HU | 228 ( 6.1%) |
| Vacant Housing Units | 72 ( 1.9%) |
| Median Home Value | $622,276 |
| Average Home Value | $660,747 |
Housing Distribution
Address Breakdown
Residential
3,550
Single Family
3,370
Multi-Family
180
Businesses
97
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Listed by: Calista Wallick • Kelly Right Real Estate of Spokane
Mls Name: SMLS
Mls ID: #202610022