501 Gregor StColtonWA99113
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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 Colton at 501 Gregor St, Colton, WA, 99113 priced at $255,000 converts $1,692/mo rent into $159/mo cash flow after a $1,248/mo obligation. Total monthly income equals $1,692/mo, and annual cash flow totals $1,911/yr on $84,533 invested. Return on cash invested prints 22.17% in year one, and rental yield reads 7.96% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 114.78% and total cumulative return in cash sums $97,028. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,692/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99113, Colton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 379 (100%) |
| Owner Occupied HU | 307 (81.0%) |
| Renter Occupied HU | 63 (16.6%) |
| Vacant Housing Units | 9 ( 2.4%) |
| Median Home Value | $522,436 |
| Average Home Value | $590,529 |
Housing Distribution
Address Breakdown
Residential
175
Single Family
175
Multi-Family
0
Businesses
25
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Listed by: Emily Woellhof-Heinz • Kelly Right Real Estate TC
Mls Name: PACMLS
Mls ID: #289275