563 Shanklin RoadOnalaskaWA98570
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Onalaska at 563 Shanklin Road, Onalaska, WA, 98570 uses $132,600 cash to close to unlock $3,256/yr annual cash flow and $271/mo monthly cash flow. Total monthly income runs $2,676/mo, and a $1,958/mo payment keeps the spread at $271/mo. Purchase price stands at $400,000, and rental yield measures 8.03% with $2,676/mo rent. Return on cash invested shows 22.36% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 115.8% and total cumulative return in cash records $153,556. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,676/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1970
2.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98570, Onalaska, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,034 (100%) |
| Owner Occupied HU | 1,621 (79.7%) |
| Renter Occupied HU | 311 (15.3%) |
| Vacant Housing Units | 102 ( 5.0%) |
| Median Home Value | $437,220 |
| Average Home Value | $491,717 |
Housing Distribution
Address Breakdown
Residential
1,469
Single Family
1,469
Multi-Family
0
Businesses
69
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Austin Hellickson • LPT Realty LLC
Mls Name: NWMLS
Mls ID: #2437559