405 W 5th StSpragueWA99032
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 Sprague at 405 W 5th St, Sprague, WA, 99032 offers a 8.45% rental yield on a $260,000 purchase with $1,830/mo rent. Total monthly income registers $1,830/mo, and a $1,273/mo payment leaves $267/mo available for distribution. Annual cash flow reaches $3,200/yr on $86,190 to close, and return on cash invested stands at 23.62% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 122.53% and total cumulative return in cash at $105,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,830/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99032, Sprague, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 358 (100%) |
| Owner Occupied HU | 254 (70.9%) |
| Renter Occupied HU | 74 (20.7%) |
| Vacant Housing Units | 30 ( 8.4%) |
| Median Home Value | $309,524 |
| Average Home Value | $380,187 |
Housing Distribution
Address Breakdown
Residential
164
Single Family
164
Multi-Family
0
Businesses
39
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Nearby investment properties with comparable prices
Listed by: Aldo Della Pella • Amplify Real Estate Services
Mls Name: SMLS
Mls ID: #202518750