511 Ellice AvenueMattawaWA99349
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow511 Ellice Avenue, Mattawa, WA, 99349 in Mattawa is a top-tier cash-flow asset. At $379,750 it produces $6,000/mo in rent and $3,717/mo in net monthly income, a 18.96% gross rental yield. The DSCR of 3.51 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $44,607. Five-year appreciation adds $104,918, driving a total cumulative return of $382,868.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 19% | 6.2% |
| Monthly Cash Flow | $3,717 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $6,000 |
| Total Monthly Debt Service | $2,132 |
| DSCR Ratio | 2.81x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
7,152 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99349, Mattawa, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,651 (100%) |
| Owner Occupied HU | 1,152 (43.5%) |
| Renter Occupied HU | 1,027 (38.7%) |
| Vacant Housing Units | 472 (17.8%) |
| Median Home Value | $433,333 |
| Average Home Value | $443,500 |
Housing Distribution
Address Breakdown
Residential
2,374
Single Family
2,374
Multi-Family
0
Businesses
120
Nearby investment properties with comparable rents
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
Single Family
Built in 2025
7,152 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99349, Mattawa, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,651 (100%) |
| Owner Occupied HU | 1,152 (43.5%) |
| Renter Occupied HU | 1,027 (38.7%) |
| Vacant Housing Units | 472 (17.8%) |
| Median Home Value | $433,333 |
| Average Home Value | $443,500 |
Housing Distribution
Address Breakdown
Residential
2,374
Single Family
2,374
Multi-Family
0
Businesses
120
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arturo Vela • Nest Realty Company
Mls Name: NWMLS
Mls ID: #2423174