343 Conconully RoadOmakWA98841
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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
Investment property for sale in Omak at 343 Conconully Road, Omak, WA, 98841 listed at $285,000 pairs $1,856/mo rent with a $1,395/mo payment to leave $143/mo cash flow. Total monthly income runs $1,856/mo, and annual cash flow reaches $1,713/yr on $94,478 cash to close. Return on cash invested measures 21.72% in year one, and rental yield registers 7.81% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 112.34% and total cumulative return in cash totals $106,134. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,856/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98841, Omak, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,001 (100%) |
| Owner Occupied HU | 2,515 (62.9%) |
| Renter Occupied HU | 1,148 (28.7%) |
| Vacant Housing Units | 338 ( 8.4%) |
| Median Home Value | $368,091 |
| Average Home Value | $461,387 |
Housing Distribution
Address Breakdown
Residential
2,507
Single Family
2,375
Multi-Family
132
Businesses
337
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Listed by: Lynsey Cantlon • Keller Williams Realty Spokane
Mls Name: NWMLS
Mls ID: #2417246