237 S 8th AveIoneWA99139
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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 Ione at 237 S 8th Ave, Ione, WA, 99139 earns $584/mo cash flow from $1,961/mo rent with a $1,121/mo payment. Total monthly income totals $1,961/mo, and annual cash flow totals $7,011/yr on $75,914 capital. ROI tracks 29.14% on current figures, and rental yield reads 10.28% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 152.18% and total cumulative return in cash sums $115,529. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,961/mo property income instead of your personal income.
Manufactured
Built in 2007
0.38 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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Listed by: Becky Lease • First Look Real Estate
Mls Name: SMLS
Mls ID: #202526415