6171 Coyote Canyon Rd #LFruitlandWA99129
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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 Fruitland at 6171 Coyote Canyon Rd #L, Fruitland, WA, 99129 priced at $290,000 converts $1,920/mo rent into $177/mo cash flow after a $1,419/mo obligation. Total monthly income equals $1,920/mo, and annual cash flow totals $2,126/yr on $96,135 invested. Return on cash invested prints 22.12% in year one, and rental yield reads 7.94% against a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,122 by year five. Five-year ROI reaches 114.51% and total cumulative return in cash sums $110,080. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 2004
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99129, Fruitland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 456 (100%) |
| Owner Occupied HU | 259 (56.8%) |
| Renter Occupied HU | 82 (18.0%) |
| Vacant Housing Units | 115 (25.2%) |
| Median Home Value | $251,563 |
| Average Home Value | $308,359 |
Housing Distribution
Address Breakdown
Residential
320
Single Family
320
Multi-Family
0
Businesses
6
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Listed by: Sawyer Bardwell • RE/MAX SELECT ASSOCIATES
Mls Name: Northeast Washington AOR
Mls ID: #43566
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.