5 Alaska StreetMalottWA98829
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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 Malott at 5 Alaska Street, Malott, WA, 98829 offers a 5.29% rental yield on a $579,900 purchase with $2,558/mo rent. 23% in year one. Equity gained on principal adds $3,742/yr while 5% annual appreciation supports $160,216 over five years. Portfolio math shows five-year ROI at 72.11% and total cumulative return in cash at $137,569. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,558/mo property income against a $2,838/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
2.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98829, Malott, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 115 (100%) |
| Owner Occupied HU | 69 (60.0%) |
| Renter Occupied HU | 29 (25.2%) |
| Vacant Housing Units | 17 (14.8%) |
| Median Home Value | $369,643 |
| Average Home Value | $454,203 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
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Listed by: Kory R. Heindselman • RE/MAX Welcome Home
Mls Name: NWMLS
Mls ID: #2437203