303 E Chestnut StFarmingtonWA99128
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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 Farmington at 303 E Chestnut St, Farmington, WA, 99128 priced at $235,000 pairs $0/mo rent with after a $1,150/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.85% in year one, and rental yield stands at 0% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1895
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99128, Farmington, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 166 (100%) |
| Owner Occupied HU | 127 (76.5%) |
| Renter Occupied HU | 23 (13.9%) |
| Vacant Housing Units | 16 ( 9.6%) |
| Median Home Value | $369,444 |
| Average Home Value | $384,134 |
Housing Distribution
Address Breakdown
Residential
100
Single Family
100
Multi-Family
0
Businesses
13
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No similar rental properties found nearby.
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Listed by: Jamie Reyes • eXp Realty, LLC
Mls Name: SMLS
Mls ID: #202527654