507 W California StGarfieldWA99130
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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 Garfield at 507 W California St, Garfield, WA, 99130 generates $949/mo in rent and, after a $582/mo payment, leaves $234/mo in cash flow. Total monthly income is $949/mo, and annual cash flow is $2,809/yr on $39,449 invested. Return on cash invested sits at 27.03% in year one, and rental yield is 9.57% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 140.92% and total cumulative return in cash sums $55,589. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $949/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
9,975 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99130, Garfield, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 407 (100%) |
| Owner Occupied HU | 287 (70.5%) |
| Renter Occupied HU | 65 (16.0%) |
| Vacant Housing Units | 55 (13.5%) |
| Median Home Value | $376,531 |
| Average Home Value | $415,375 |
Housing Distribution
Address Breakdown
Residential
146
Single Family
146
Multi-Family
0
Businesses
23
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Listed by: J. Craig Lester • RE/MAX Home and Land
Mls Name: PACMLS
Mls Provider:
Mls ID: #277167
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.