506 N I StLindWA99341
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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 Lind at 506 N I St, Lind, WA, 99341 offers a 8.56% rental yield on a $239,000 purchase with $1,705/mo rent. Total monthly income registers $1,705/mo, and a $1,170/mo payment leaves $268/mo available for distribution. Annual cash flow reaches $3,217/yr on $79,229 to close, and return on cash invested stands at 23.97% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 124.44% and total cumulative return in cash at $98,592. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,705/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1903
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99341, Lind, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 343 (100%) |
| Owner Occupied HU | 235 (68.5%) |
| Renter Occupied HU | 62 (18.1%) |
| Vacant Housing Units | 46 (13.4%) |
| Median Home Value | $217,857 |
| Average Home Value | $240,234 |
Housing Distribution
Address Breakdown
Residential
55
Single Family
55
Multi-Family
0
Businesses
29
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Listed by: Adam Greenwalt • Keller Williams Realty Coeur d
Mls Name: PACMLS
Mls Provider:
Mls ID: #283432
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.