537 Sprague StreetWilson CreekWA98860
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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 Wilson Creek at 537 Sprague Street, Wilson Creek, WA, 98860 offers a 6.88% rental yield on a $374,000 purchase with $2,143/mo rent. 89% in year one. Equity gained on principal adds $2,413/yr while 5% annual appreciation supports $103,329 over five years. Portfolio math shows five-year ROI at 97.15% and total cumulative return in cash at $120,445. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,143/mo property income against a $1,831/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98860, Wilson Creek, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 146 (100%) |
| Owner Occupied HU | 84 (57.5%) |
| Renter Occupied HU | 30 (20.5%) |
| Vacant Housing Units | 32 (21.9%) |
| Median Home Value | $375,000 |
| Average Home Value | $358,720 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
13
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Listed by: William E. Johnson • William E. Johnson
Mls Name: NWMLS
Mls ID: #2413555