508 N Cedar StColvilleWA99114
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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 Colville at 508 N Cedar St, Colville, WA, 99114 listed at $358,500 pairs $2,160/mo rent with a $1,755/mo payment to leave $5/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $56/yr on $118,843 cash to close. Return on cash invested measures 19.96% in year one, and rental yield registers 7.23% at a $358,500 basis. Equity gained on principal adds $2,313/yr, and annual property appreciation at 5% supports $99,047 by year five. Five-year ROI tracks 102.88% and total cumulative return in cash totals $122,262. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,755/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1942
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99114, Colville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,439 (100%) |
| Owner Occupied HU | 4,148 (64.4%) |
| Renter Occupied HU | 1,456 (22.6%) |
| Vacant Housing Units | 835 (13.0%) |
| Median Home Value | $335,372 |
| Average Home Value | $375,172 |
Housing Distribution
Address Breakdown
Residential
5,515
Single Family
5,219
Multi-Family
296
Businesses
542
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Listed by: JENNIFER HAYNES • Ken Barcus Realty
Mls Name: Northeast Washington AOR
Mls ID: #44769