415 E Sylvan DriveOthelloWA99344
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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 Othello at 415 E Sylvan Drive, Othello, WA, 99344 priced at $387,000 pairs $2,100/mo rent with after a $1,894/mo payment. Total monthly income equals $2,100/mo. Return on cash invested is 17.79% in year one, and rental yield stands at 6.51% on a $387,000 basis. Equity gained on principal adds $2,497/yr, and 5% annual appreciation accumulates to $106,921 by year five. Five-year ROI measures 91.27% and total cumulative return in cash reaches $117,086. For financing, Ziffy Mortgage’s DSCR program evaluates $2,100/mo property income against a $1,894/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99344, Othello, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,983 (100%) |
| Owner Occupied HU | 3,504 (58.6%) |
| Renter Occupied HU | 2,056 (34.4%) |
| Vacant Housing Units | 423 ( 7.1%) |
| Median Home Value | $296,239 |
| Average Home Value | $321,831 |
Housing Distribution
Address Breakdown
Residential
5,627
Single Family
5,237
Multi-Family
390
Businesses
449
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Listed by: Blaine De La Torre • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2417150