345 Corbett Creek RdColvilleWA99114
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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
Rental property for sale in Colville at 345 Corbett Creek Rd, Colville, WA, 99114 priced at $265,000 pairs $2,230/mo rent with $637/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,230/mo, and annual cash flow comes to $7,645/yr on $87,848 invested. Return on cash invested is 28.61% in year one, and rental yield stands at 10.1% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 149.32% and total cumulative return in cash reaches $131,175. For financing, Ziffy Mortgage’s DSCR program evaluates $2,230/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99114, Colville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,439 (100%) |
| Owner Occupied HU | 4,148 (64.4%) |
| Renter Occupied HU | 1,456 (22.6%) |
| Vacant Housing Units | 835 (13.0%) |
| Median Home Value | $335,372 |
| Average Home Value | $375,172 |
Housing Distribution
Address Breakdown
Residential
5,515
Single Family
5,219
Multi-Family
296
Businesses
542
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Listed by: Desi DeKruyf • RE/MAX SELECT ASSOCIATES
Mls Name: Northeast Washington AOR
Mls ID: #45123