5 Red Apple DriveOmakWA98841
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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 Omak at 5 Red Apple Drive, Omak, WA, 98841 offers $2,664/mo rent that, after a $2,570/mo payment. Total monthly income is $2,664/mo. Return on cash invested measures 16.64% in year one, and rental yield stands at 6.09% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 85.05% and total cumulative return in cash reaches $146,901. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,664/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98841, Omak, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,001 (100%) |
| Owner Occupied HU | 2,515 (62.9%) |
| Renter Occupied HU | 1,148 (28.7%) |
| Vacant Housing Units | 338 ( 8.4%) |
| Median Home Value | $368,091 |
| Average Home Value | $461,387 |
Housing Distribution
Address Breakdown
Residential
2,507
Single Family
2,375
Multi-Family
132
Businesses
337
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Listed by: Kathy Wilcox • Okanogan County Realty, LLC
Mls Name: NWMLS
Mls ID: #2456532