319 E Chestnut StreetWalla WallaWA99362
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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 Walla Walla at 319 E Chestnut Street, Walla Walla, WA, 99362 priced at $315,000 pairs $2,149/mo rent with $255/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,149/mo, and annual cash flow comes to $3,063/yr on $104,423 invested. Return on cash invested is 22.84% in year one, and rental yield stands at 8.19% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 118.37% and total cumulative return in cash reaches $123,605. For financing, Ziffy Mortgage’s DSCR program evaluates $2,149/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99362, Walla Walla, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,781 (100%) |
| Owner Occupied HU | 10,838 (61.0%) |
| Renter Occupied HU | 5,653 (31.8%) |
| Vacant Housing Units | 1,290 ( 7.3%) |
| Median Home Value | $447,553 |
| Average Home Value | $489,614 |
Housing Distribution
Address Breakdown
Residential
17,029
Single Family
15,302
Multi-Family
1,727
Businesses
1,765
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Listed by: Michele Rennie • eXp Realty
Mls Name: NWMLS
Mls ID: #2446547