4001 N Palouse RdColfaxWA99111
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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 Colfax at 4001 N Palouse Rd, Colfax, WA, 99111 listed at $525,525 pairs $960/mo rent with a $2,572/mo payment. Total monthly income runs $960/mo. Return on cash invested measures 4.8% in year one, and rental yield registers 2.19% at a $525,525 basis. Equity gained on principal adds $3,391/yr, and annual property appreciation at 5% supports $145,193 by year five. Five-year ROI tracks 21.57% and total cumulative return in cash totals $37,290. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $960/mo property income relative to a $2,572/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99111, Colfax, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,007 (100%) |
| Owner Occupied HU | 1,244 (62.0%) |
| Renter Occupied HU | 599 (29.8%) |
| Vacant Housing Units | 164 ( 8.2%) |
| Median Home Value | $297,552 |
| Average Home Value | $368,139 |
Housing Distribution
Address Breakdown
Residential
1,805
Single Family
1,639
Multi-Family
166
Businesses
249
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Listed by: Brandon Marchand • Keller Williams Spokane
Mls Name: PACMLS
Mls ID: #289656