24635 Highway 243 SMattawaWA99349
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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 Mattawa at 24635 Highway 243 S, Mattawa, WA, 99349 offers a 8.25% rental yield on a $675,000 purchase with $4,639/mo rent. Total monthly income registers $4,639/mo, and a $3,304/mo payment leaves $581/mo available for distribution. Annual cash flow reaches $6,975/yr on $222,075 to close, and return on cash invested stands at 23.2% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 120.23% and total cumulative return in cash at $267,003. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,639/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99349, Mattawa, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,651 (100%) |
| Owner Occupied HU | 1,152 (43.5%) |
| Renter Occupied HU | 1,027 (38.7%) |
| Vacant Housing Units | 472 (17.8%) |
| Median Home Value | $433,333 |
| Average Home Value | $443,500 |
Housing Distribution
Address Breakdown
Residential
2,374
Single Family
2,374
Multi-Family
0
Businesses
120
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Listed by: Bree L Bennett • Nick McLean Real Estate Group
Mls Name: NWMLS
Mls ID: #2369142