315 SE Spring StPullmanWA99163
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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 Pullman at 315 SE Spring St, Pullman, WA, 99163 offers $1,878/mo rent that, after a $1,615/mo payment. Total monthly income is $1,878/mo. Return on cash invested measures 18.75% in year one, and rental yield stands at 6.83% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 96.42% and total cumulative return in cash reaches $105,479. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,878/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1893
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99163, Pullman, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,993 (100%) |
| Owner Occupied HU | 4,536 (30.3%) |
| Renter Occupied HU | 8,806 (58.7%) |
| Vacant Housing Units | 1,651 (11.0%) |
| Median Home Value | $463,249 |
| Average Home Value | $503,804 |
Housing Distribution
Address Breakdown
Residential
14,110
Single Family
9,458
Multi-Family
4,652
Businesses
855
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Listed by: Tyler LaVoie • KW Palouse
Mls Name: PACMLS
Mls ID: #286650