409 N Main StKlickitatWA98628
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
Rental property for sale in Klickitat at 409 N Main St, Klickitat, WA, 98628 priced at $299,999 converts $1,680/mo rent into after a $1,468/mo obligation. Total monthly income equals $1,680/mo. Return on cash invested prints 18.42% in year one, and rental yield reads 6.72% against a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 94.65% and total cumulative return in cash sums $94,128. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,680/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1925
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98628, Klickitat, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 82 (100%) |
| Owner Occupied HU | 61 (74.4%) |
| Renter Occupied HU | 8 ( 9.8%) |
| Vacant Housing Units | 13 (15.9%) |
| Median Home Value | $610,714 |
| Average Home Value | $628,893 |
Housing Distribution
Address Breakdown
Residential
9
Single Family
1
Multi-Family
8
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeannie Timpke • MORE Realty, Inc
Mls Name: RMLS (OR)
Mls ID: #479091816