604 academy StreetKelsoWA98626
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
Rental property for sale in Kelso at 604 academy Street, Kelso, WA, 98626 priced at $399,993 converts $3,054/mo rent into $649/mo cash flow after a $1,958/mo obligation. Total monthly income equals $3,054/mo, and annual cash flow totals $7,792/yr on $132,598 invested. Return on cash invested prints 25.79% in year one, and rental yield reads 9.16% against a $399,993 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,511 by year five. Five-year ROI reaches 134.15% and total cumulative return in cash sums $177,878. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,054/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1930
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98626, Kelso, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,729 (100%) |
| Owner Occupied HU | 7,126 (66.4%) |
| Renter Occupied HU | 3,180 (29.6%) |
| Vacant Housing Units | 423 ( 3.9%) |
| Median Home Value | $402,706 |
| Average Home Value | $436,798 |
Housing Distribution
Address Breakdown
Residential
10,343
Single Family
9,456
Multi-Family
887
Businesses
596
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Listed by: David B. Watkins • Realty West Properties
Mls Name: NWMLS
Mls ID: #2450788