310 W 9th AvenueRitzvilleWA99169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 310 W 9th Avenue, Ritzville, WA, 99169 uses $144,203 cash to close to unlock $2,367/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $2,812/mo, and a $2,129/mo payment keeps the spread at $197/mo. Purchase price stands at $435,000, and rental yield measures 7.76% with $2,812/mo rent. Return on cash invested shows 21.55% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 111.43% and total cumulative return in cash records $160,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,812/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 1954
7,000 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rick J Sawyer • Katz Realty, Inc.
Mls Name: NWMLS
Mls ID: #2417883