609 W Main AvenueRitzvilleWA99169
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 Ritzville at 609 W Main Avenue, Ritzville, WA, 99169 at $249,999 posts ROI 23.57% with $253/mo cash flow from $1,756/mo rent. Total monthly income equals $1,756/mo, and annual cash flow records $3,034/yr on $82,875 to close. Return on cash invested measures 23.57% and rental yield reads 8.43% at the current $249,999. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 by year five. Five-year ROI prints 122.23% and total cumulative return in cash totals $101,302.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,756/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
5,601 sqft 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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Nearby investment properties with comparable prices
Listed by: Troy Ryan • eXp Realty
Mls Name: NWMLS
Mls ID: #2416830