365 N Pine StSpangleWA99031
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Spangle at 365 N Pine St, Spangle, WA, 99031 priced at $299,000 converts $0/mo rent into after a $1,463/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.85% in year one, and rental yield reads 0% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Manufactured
Built in 1981
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99031, Spangle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 522 (100%) |
| Owner Occupied HU | 393 (75.3%) |
| Renter Occupied HU | 109 (20.9%) |
| Vacant Housing Units | 20 ( 3.8%) |
| Median Home Value | $442,000 |
| Average Home Value | $459,981 |
Housing Distribution
Address Breakdown
Residential
376
Single Family
376
Multi-Family
0
Businesses
38
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Megan Jennen • Touchstone Real Estate Group
Mls Name: SMLS
Mls ID: #202611193