309 W 9th AvenueRitzvilleWA99169
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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
Investment property for sale in Ritzville at 309 W 9th Avenue, Ritzville, WA, 99169 earns $131/mo cash flow from $2,530/mo rent with a $1,953/mo payment. Total monthly income totals $2,530/mo, and annual cash flow totals $1,577/yr on $132,269 capital. ROI tracks 21.1% on current figures, and rental yield reads 7.61% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 109.02% and total cumulative return in cash sums $144,194. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,530/mo property income instead of your personal income.
Single Family
Built in 1951
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99169, Ritzville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,278 (100%) |
| Owner Occupied HU | 847 (66.3%) |
| Renter Occupied HU | 288 (22.5%) |
| Vacant Housing Units | 143 (11.2%) |
| Median Home Value | $224,485 |
| Average Home Value | $304,870 |
Housing Distribution
Address Breakdown
Residential
1,003
Single Family
939
Multi-Family
64
Businesses
167
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Listed by: Katie Crawford • Coldwell Banker Walla Walla
Mls Name: NWMLS
Mls ID: #2422977