402 E Clay AveChewelahWA99109
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Chewelah rentals match the income profile of 402 E Clay Ave, Chewelah, WA, 99109. Listed at $154,000, gross rent is $1,774/mo and net cash flow is $848/mo, a 13.82% yield well above national averages. DSCR 2.56 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $42,547 by year five with $1,418/yr in annual principal reduction, projecting $112,946 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 6.2% |
| Monthly Cash Flow | $848 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,774 |
| Total Monthly Debt Service | $864 |
| DSCR Ratio | 2.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99109, Chewelah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,665 (100%) |
| Owner Occupied HU | 1,779 (66.8%) |
| Renter Occupied HU | 613 (23.0%) |
| Vacant Housing Units | 273 (10.2%) |
| Median Home Value | $359,125 |
| Average Home Value | $428,259 |
Housing Distribution
Address Breakdown
Residential
2,027
Single Family
1,949
Multi-Family
78
Businesses
164
Nearby investment properties with comparable rents
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
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99109, Chewelah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,665 (100%) |
| Owner Occupied HU | 1,779 (66.8%) |
| Renter Occupied HU | 613 (23.0%) |
| Vacant Housing Units | 273 (10.2%) |
| Median Home Value | $359,125 |
| Average Home Value | $428,259 |
Housing Distribution
Address Breakdown
Residential
2,027
Single Family
1,949
Multi-Family
78
Businesses
164
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William Johnson • William Johnson
Mls Name: SMLS
Mls ID: #202522352