310 S Culton StPalouseWA99161
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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 Palouse at 310 S Culton St, Palouse, WA, 99161 priced at $279,000 pairs $1,410/mo rent with after a $1,366/mo payment. Total monthly income equals $1,410/mo. Return on cash invested is 16.44% in year one, and rental yield stands at 6.06% on a $279,000 basis. Equity gained on principal adds $1,800/yr, and 5% annual appreciation accumulates to $77,083 by year five. Five-year ROI measures 84% and total cumulative return in cash reaches $77,695. For financing, Ziffy Mortgage’s DSCR program evaluates $1,410/mo property income against a $1,366/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99161, Palouse, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 690 (100%) |
| Owner Occupied HU | 528 (76.5%) |
| Renter Occupied HU | 107 (15.5%) |
| Vacant Housing Units | 55 ( 8.0%) |
| Median Home Value | $357,386 |
| Average Home Value | $377,775 |
Housing Distribution
Address Breakdown
Residential
450
Single Family
450
Multi-Family
0
Businesses
48
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Listed by: Jeanne Fulfs • RE/MAX Home and Land
Mls Name: PACMLS
Mls Provider:
Mls ID: #285626
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.