414 N Washington StreetMoses LakeWA98837
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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
Investment property for sale in Moses Lake at 414 N Washington Street, Moses Lake, WA, 98837 with 5% annual appreciation on a $438,000 basis while $3,259/mo rent supports operations. Total monthly income totals $3,259/mo and a $2,144/mo payment preserves $626/mo for cash returns. Annual cash flow comes to $7,511/yr on $145,197 deployed, and return on cash invested reaches 25.08% in year one. Equity gained on principal adds $2,826/yr, and five-year appreciation sums $121,011 alongside rental yield of 8.93%. Five-year ROI measures 130.34% and total cumulative return in cash totals $189,246.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,259/mo property income versus a $2,144/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98837, Moses Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,399 (100%) |
| Owner Occupied HU | 11,735 (60.5%) |
| Renter Occupied HU | 6,484 (33.4%) |
| Vacant Housing Units | 1,180 ( 6.1%) |
| Median Home Value | $381,410 |
| Average Home Value | $439,001 |
Housing Distribution
Address Breakdown
Residential
18,244
Single Family
17,408
Multi-Family
836
Businesses
1,439
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Listed by: Susan Wall • Nick McLean Real Estate Group
Mls Name: NWMLS
Mls ID: #2463127