611 E Mill StLatahWA99018
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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
Total monthly income runs $1,889/mo, and a $1,640/mo payment. Purchase price stands at $335,000, and rental yield measures 6.77% with $1,889/mo rent. Return on cash invested shows 18.56% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 95.36% and total cumulative return in cash records $105,896. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,889/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1961
1.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99018, Latah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 121 (100%) |
| Owner Occupied HU | 98 (81.0%) |
| Renter Occupied HU | 11 ( 9.1%) |
| Vacant Housing Units | 12 ( 9.9%) |
| Median Home Value | $495,238 |
| Average Home Value | $498,112 |
Housing Distribution
Address Breakdown
Residential
91
Single Family
91
Multi-Family
0
Businesses
8
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Listed by: Katie Grimm • Realty One Group Eclipse
Mls Name: SMLS
Mls Provider:
Mls ID: #202518244
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.