617 NW Ohio AvenueChehalisWA98532
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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 617 NW Ohio Avenue, Chehalis, WA, 98532 priced at $289,900 converts $2,588/mo rent into $845/mo cash flow after a $1,419/mo obligation. Total monthly income equals $2,588/mo, and annual cash flow totals $10,143/yr on $96,102 invested. Return on cash invested prints 30.46% in year one, and rental yield reads 10.71% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 159.24% and total cumulative return in cash sums $153,033. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,588/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 1908
10,454 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: LauraLee Zuber Titus • John L. Scott CNT
Mls Name: NWMLS
Mls ID: #2456044