516 N Blue StreetWalla 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 N Blue Street, Walla Walla, WA, 99362 with 5% annual appreciation on a $364,000 basis while $2,476/mo rent supports operations. Total monthly income totals $2,476/mo and a $1,782/mo payment preserves $288/mo for cash returns. Annual cash flow comes to $3,450/yr on $120,666 deployed, and return on cash invested reaches 22.77% in year one. Equity gained on principal adds $2,349/yr, and five-year appreciation sums $100,566 alongside rental yield of 8.16%. Five-year ROI measures 117.95% and total cumulative return in cash totals $142,325.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,476/mo property income versus a $1,782/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
10,402 sqft 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: Arturo Arias • The Provost Team
Mls Name: NWMLS
Mls ID: #2448788