295 SW Railroad AvenueCrestonWA99117
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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 Creston at 295 SW Railroad Avenue, Creston, WA, 99117 offers $2,899/mo rent that, after a $1,591/mo payment, leaves $945/mo cash flow. Total monthly income is $2,899/mo, and annual cash flow is $11,341/yr on $107,738 cash. Return on cash invested measures 30.44% in year one, and rental yield stands at 10.7% at a $325,000 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,792 by year five. Five-year ROI records 159.09% and total cumulative return in cash reaches $171,397. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,899/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99117, Creston, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 257 (100%) |
| Owner Occupied HU | 172 (66.9%) |
| Renter Occupied HU | 28 (10.9%) |
| Vacant Housing Units | 57 (22.2%) |
| Median Home Value | $510,563 |
| Average Home Value | $505,538 |
Housing Distribution
Address Breakdown
Residential
174
Single Family
174
Multi-Family
0
Businesses
13
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Listed by: Amber Marie Zagelow • Katz Realty, Inc.
Mls Name: NWMLS
Mls ID: #2370020