525 E Whitman StPalouseWA99161
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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 Palouse at 525 E Whitman St, Palouse, WA, 99161 priced at $400,000 converts $3,001/mo rent into $596/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,001/mo, and annual cash flow totals $7,156/yr on $132,600 invested. Return on cash invested prints 25.31% in year one, and rental yield reads 9% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 131.57% and total cumulative return in cash sums $174,460. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,001/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1930
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99161, Palouse, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 690 (100%) |
| Owner Occupied HU | 528 (76.5%) |
| Renter Occupied HU | 107 (15.5%) |
| Vacant Housing Units | 55 ( 8.0%) |
| Median Home Value | $357,386 |
| Average Home Value | $377,775 |
Housing Distribution
Address Breakdown
Residential
450
Single Family
450
Multi-Family
0
Businesses
48
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Listed by: Jeanne Fulfs • RE/MAX Home and Land
Mls Name: PACMLS
Mls ID: #286398