248 E Date StConnellWA99326
Nearby investment properties with comparable rents
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
Rental property for sale in Connell at 248 E Date St, Connell, WA, 99326 offers $2,021/mo rent that, after a $1,366/mo payment, leaves $343/mo cash flow. Total monthly income is $2,021/mo, and annual cash flow is $4,121/yr on $92,489 cash. Return on cash invested measures 24.37% in year one, and rental yield stands at 8.69% at a $279,000 entry. Equity gained on principal adds $1,800/yr while 5% annual appreciation compounds into $77,083 by year five. Five-year ROI records 126.54% and total cumulative return in cash reaches $117,031. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,021/mo property income versus a $1,366/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99326, Connell, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,362 (100%) |
| Owner Occupied HU | 817 (60.0%) |
| Renter Occupied HU | 472 (34.7%) |
| Vacant Housing Units | 73 ( 5.4%) |
| Median Home Value | $346,780 |
| Average Home Value | $383,097 |
Housing Distribution
Address Breakdown
Residential
152
Single Family
152
Multi-Family
0
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karina Sawyer • Realty One Group Ignite
Mls Name: PACMLS
Mls ID: #289902