422 S 2nd StreetMcClearyWA98557
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 422 S 2nd Street, McCleary, WA, 98557 in McCleary. At $279,000 it earns $1,880/mo in rent and distributes $203/mo to the owner after the $1,255/mo payment, a consistent 8.09% yield. DSCR 1.50 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $77,083 in value; $2,570/yr in principal paydown compounds ownership stake. Total projected return: $118,628.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $203 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,880 |
| Total Monthly Debt Service | $1,566 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1917
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98557, Mccleary, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,569 (100%) |
| Owner Occupied HU | 1,159 (73.9%) |
| Renter Occupied HU | 324 (20.7%) |
| Vacant Housing Units | 86 ( 5.5%) |
| Median Home Value | $445,349 |
| Average Home Value | $455,349 |
Housing Distribution
Address Breakdown
Residential
1,212
Single Family
1,164
Multi-Family
48
Businesses
67
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
Single Family
Built in 1917
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98557, Mccleary, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,569 (100%) |
| Owner Occupied HU | 1,159 (73.9%) |
| Renter Occupied HU | 324 (20.7%) |
| Vacant Housing Units | 86 ( 5.5%) |
| Median Home Value | $445,349 |
| Average Home Value | $455,349 |
Housing Distribution
Address Breakdown
Residential
1,212
Single Family
1,164
Multi-Family
48
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeremy Johnson • eXp Realty
Mls Name: NWMLS
Mls ID: #2423154