3150 Cowiche Mill RdCowicheWA98923
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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 Cowiche at 3150 Cowiche Mill Rd, Cowiche, WA, 98923 offers a 2.15% rental yield on a $1,575,000 purchase with $2,821/mo rent. 74% in year one. Equity gained on principal adds $10,163/yr while 5% annual appreciation supports $435,143 over five years. Portfolio math shows five-year ROI at 21.16% and total cumulative return in cash at $108,002. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,821/mo property income against a $7,709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
3.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98923, Cowiche, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 444 (100%) |
| Owner Occupied HU | 291 (65.5%) |
| Renter Occupied HU | 132 (29.7%) |
| Vacant Housing Units | 21 ( 4.7%) |
| Median Home Value | $488,750 |
| Average Home Value | $510,601 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
385
Multi-Family
0
Businesses
25
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Listed by: Meg M Irwin • Berkshire Hathaway HomeServices Central Washington Real Estate
Mls Name: YARMLS
Mls ID: #25-2400