545 SE Quail Ridge Dr APT 1PullmanWA99163
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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 Pullman at 545 SE Quail Ridge Dr APT 1, Pullman, WA, 99163 offers a 8.74% rental yield on a $249,000 purchase with $1,814/mo rent. Total monthly income registers $1,814/mo, and a $1,219/mo payment leaves $120/mo available for distribution. Annual cash flow reaches $1,439/yr on $82,544 to close, and return on cash invested stands at 21.65% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 112.98% and total cumulative return in cash at $93,260. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,814/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1996
5,227 sqft lot
$N/A/sqft
$197 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99163, Pullman, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,993 (100%) |
| Owner Occupied HU | 4,536 (30.3%) |
| Renter Occupied HU | 8,806 (58.7%) |
| Vacant Housing Units | 1,651 (11.0%) |
| Median Home Value | $463,249 |
| Average Home Value | $503,804 |
Housing Distribution
Address Breakdown
Residential
14,110
Single Family
9,458
Multi-Family
4,652
Businesses
855
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Listed by: Andrea Abbott • Woodbridge Real Estate
Mls Name: PACMLS
Mls Provider:
Mls ID: #283304
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.