506 SE Pope AveWilburWA99185
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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
Investment Highlights
Rental property for sale in Wilbur at 506 SE Pope Ave, Wilbur, WA, 99185 priced at $350,000 pairs $2,062/mo rent with after a $1,713/mo payment. Total monthly income equals $2,062/mo. Return on cash invested is 19.48% in year one, and rental yield stands at 7.07% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 100.31% and total cumulative return in cash reaches $116,390. For financing, Ziffy Mortgage’s DSCR program evaluates $2,062/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1915
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99185, Wilbur, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 777 (100%) |
| Owner Occupied HU | 475 (61.1%) |
| Renter Occupied HU | 133 (17.1%) |
| Vacant Housing Units | 169 (21.8%) |
| Median Home Value | $293,056 |
| Average Home Value | $316,800 |
Housing Distribution
Address Breakdown
Residential
404
Single Family
384
Multi-Family
20
Businesses
65
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Listed by: Peter Harrington • Ken Barcus Realty
Mls Name: Northeast Washington AOR
Mls ID: #45148