61 Riverview DriveCoulee DamWA99116
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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 Coulee Dam at 61 Riverview Drive, Coulee Dam, WA, 99116 uses $111,053 cash to close to unlock $3,647/yr annual cash flow and $304/mo monthly cash flow. Total monthly income runs $2,318/mo, and a $1,640/mo payment keeps the spread at $304/mo. Purchase price stands at $335,000, and rental yield measures 8.3% with $2,318/mo rent. Return on cash invested shows 23.19% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 120.21% and total cumulative return in cash records $133,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,318/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99116, Coulee Dam, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 741 (100%) |
| Owner Occupied HU | 490 (66.1%) |
| Renter Occupied HU | 200 (27.0%) |
| Vacant Housing Units | 51 ( 6.9%) |
| Median Home Value | $228,472 |
| Average Home Value | $256,342 |
Housing Distribution
Address Breakdown
Residential
579
Single Family
544
Multi-Family
35
Businesses
23
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Listed by: Caleb Phillips • eXp Realty
Mls Name: NWMLS
Mls ID: #2405956