606 Harvest LoopPalouseWA99161
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 Palouse at 606 Harvest Loop, Palouse, WA, 99161 priced at $374,000 pairs $1,987/mo rent with after a $1,831/mo payment. Total monthly income equals $1,987/mo. Return on cash invested is 17.38% in year one, and rental yield stands at 6.38% on a $374,000 basis. Equity gained on principal adds $2,413/yr, and 5% annual appreciation accumulates to $103,329 by year five. Five-year ROI measures 89.06% and total cumulative return in cash reaches $110,413. For financing, Ziffy Mortgage’s DSCR program evaluates $1,987/mo property income against a $1,831/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
7,840 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeanne Fulfs • RE/MAX Home and Land
Mls Name: PACMLS
Mls ID: #288494