407 W 4th AvenueRitzvilleWA99169
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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 Ritzville at 407 W 4th Avenue, Ritzville, WA, 99169 generates $2,630/mo in rent and, after a $1,542/mo payment, leaves $736/mo in cash flow. Total monthly income is $2,630/mo, and annual cash flow is $8,835/yr on $104,423 invested. Return on cash invested sits at 28.37% in year one, and rental yield is 10.02% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 148.01% and total cumulative return in cash sums $154,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,630/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99169, Ritzville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,278 (100%) |
| Owner Occupied HU | 847 (66.3%) |
| Renter Occupied HU | 288 (22.5%) |
| Vacant Housing Units | 143 (11.2%) |
| Median Home Value | $224,485 |
| Average Home Value | $304,870 |
Housing Distribution
Address Breakdown
Residential
1,003
Single Family
939
Multi-Family
64
Businesses
167
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Listed by: Toni Stanford • HomeSmart
Mls Name: NWMLS
Mls ID: #2431178