609 E Urquhart RdRitzvilleWA99169
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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 Ritzville at 609 E Urquhart Rd, Ritzville, WA, 99169 offers a 9.2% rental yield on a $430,000 purchase with $3,295/mo rent. Total monthly income registers $3,295/mo, and a $2,105/mo payment leaves $710/mo available for distribution. Annual cash flow reaches $8,518/yr on $142,545 to close, and return on cash invested stands at 25.88% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 134.65% and total cumulative return in cash at $191,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,295/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99169, Ritzville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,278 (100%) |
| Owner Occupied HU | 847 (66.3%) |
| Renter Occupied HU | 288 (22.5%) |
| Vacant Housing Units | 143 (11.2%) |
| Median Home Value | $224,485 |
| Average Home Value | $304,870 |
Housing Distribution
Address Breakdown
Residential
1,003
Single Family
939
Multi-Family
64
Businesses
167
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Listed by: Cindy Carrigan • REAL Broker LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202519488
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.