615 SE Prospect StreetChehalisWA98532
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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
Rental property for sale in Chehalis at 615 SE Prospect Street, Chehalis, WA, 98532 offers $3,205/mo rent that, after a $3,328/mo payment. Total monthly income is $3,205/mo. Return on cash invested measures 15.33% in year one, and rental yield stands at 5.66% at a $679,900 entry. Equity gained on principal adds $4,387/yr while 5% annual appreciation compounds into $187,844 by year five. Five-year ROI records 78% and total cumulative return in cash reaches $174,473. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,205/mo property income versus a $3,328/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98532, Chehalis, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,896 (100%) |
| Owner Occupied HU | 7,583 (69.6%) |
| Renter Occupied HU | 2,780 (25.5%) |
| Vacant Housing Units | 533 ( 4.9%) |
| Median Home Value | $504,702 |
| Average Home Value | $590,130 |
Housing Distribution
Address Breakdown
Residential
9,726
Single Family
9,210
Multi-Family
516
Businesses
917
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Listed by: Alicia Noelle Fox • Realty One Group Pacifica
Mls Name: NWMLS
Mls ID: #2446563