3319 E Elena LnChattaroyWA99003
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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 Chattaroy at 3319 E Elena Ln, Chattaroy, WA, 99003 priced at $1,250,000 converts $2,246/mo rent into after a $6,118/mo obligation. Total monthly income equals $2,246/mo. Return on cash invested prints 4.76% in year one, and rental yield reads 2.16% against a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 21.28% and total cumulative return in cash sums $86,197. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,246/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 2018
4.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99003, Chattaroy, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,360 (100%) |
| Owner Occupied HU | 2,102 (89.1%) |
| Renter Occupied HU | 161 ( 6.8%) |
| Vacant Housing Units | 97 ( 4.1%) |
| Median Home Value | $555,980 |
| Average Home Value | $572,418 |
Housing Distribution
Address Breakdown
Residential
2,159
Single Family
2,159
Multi-Family
0
Businesses
107
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Listed by: Joe Penny • Real Estate Marketplace NW,Inc
Mls Name: SMLS
Mls ID: #202611298