516-524 E Pine StWalla WallaWA99362
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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 Walla Walla at 516-524 E Pine St, Walla Walla, WA, 99362 listed at $1,500,000 pairs $1,668/mo rent with a $7,342/mo payment. Total monthly income runs $1,668/mo. Return on cash invested measures 2.22% in year one, and rental yield registers 1.33% at a $1,500,000 basis. Equity gained on principal adds $9,679/yr, and annual property appreciation at 5% supports $414,422 by year five. Five-year ROI tracks 7.66% and total cumulative return in cash totals $37,247. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,668/mo property income relative to a $7,342/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1985
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99362, Walla Walla, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,781 (100%) |
| Owner Occupied HU | 10,838 (61.0%) |
| Renter Occupied HU | 5,653 (31.8%) |
| Vacant Housing Units | 1,290 ( 7.3%) |
| Median Home Value | $447,553 |
| Average Home Value | $489,614 |
Housing Distribution
Address Breakdown
Residential
17,029
Single Family
15,302
Multi-Family
1,727
Businesses
1,765
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Listed by: Nate Biehl • RE/MAX Northwest REALTORS
Mls Name: PACMLS
Mls ID: #287443