256 Simmons SpurKalamaWA98625
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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 Kalama at 256 Simmons Spur, Kalama, WA, 98625 generates $2,611/mo in rent, after a $2,570/mo payment. Total monthly income is $2,611/mo. Return on cash invested sits at 16.27% in year one, and rental yield is 5.97% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 83.07% and total cumulative return in cash sums $143,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,611/mo property income rather than buyer’s personal income.
Manufactured
Built in 1989
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98625, Kalama, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,171 (100%) |
| Owner Occupied HU | 2,489 (78.5%) |
| Renter Occupied HU | 469 (14.8%) |
| Vacant Housing Units | 213 ( 6.7%) |
| Median Home Value | $568,299 |
| Average Home Value | $654,277 |
Housing Distribution
Address Breakdown
Residential
2,282
Single Family
2,266
Multi-Family
16
Businesses
166
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Listed by: Camilla Moultrie • Premiere Property Group, LLC
Mls Name: NWMLS
Mls ID: #2426750