407 N Main StSpringdaleWA99173
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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
Rental property for sale in Springdale at 407 N Main St, Springdale, WA, 99173 priced at $230,000 pairs $0/mo rent with after a $1,126/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.86% in year one, and rental yield stands at 0% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1983
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99173, Springdale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 827 (100%) |
| Owner Occupied HU | 640 (77.4%) |
| Renter Occupied HU | 100 (12.1%) |
| Vacant Housing Units | 87 (10.5%) |
| Median Home Value | $380,488 |
| Average Home Value | $427,219 |
Housing Distribution
Address Breakdown
Residential
538
Single Family
537
Multi-Family
1
Businesses
44
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No similar rental properties found nearby.
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Listed by: Ken Lewis • First Look Real Estate
Mls Name: Northeast Washington AOR
Mls ID: #45240