405 E Chelan StreetCoulee CityWA99115
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
Investment Highlights
Investment property for sale in Coulee City at 405 E Chelan Street, Coulee City, WA, 99115 offers a 6.51% rental yield on a $325,000 purchase with $1,764/mo rent. 79% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 91.31% and total cumulative return in cash at $98,377. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,764/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2018
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99115, Coulee City, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 906 (100%) |
| Owner Occupied HU | 422 (46.6%) |
| Renter Occupied HU | 112 (12.4%) |
| Vacant Housing Units | 372 (41.1%) |
| Median Home Value | $225,962 |
| Average Home Value | $305,563 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary L. Dunkin • HomeSmart
Mls Name: NWMLS
Mls ID: #2436253