618 N 1st AvenueKelsoWA98626
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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 Kelso at 618 N 1st Avenue, Kelso, WA, 98626 listed at $335,000 pairs $2,292/mo rent with a $1,640/mo payment to leave $278/mo cash flow. Total monthly income runs $2,292/mo, and annual cash flow reaches $3,335/yr on $111,053 cash to close. Return on cash invested measures 22.91% in year one, and rental yield registers 8.21% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 118.7% and total cumulative return in cash totals $131,816. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,292/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
3,720 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98626, Kelso, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,729 (100%) |
| Owner Occupied HU | 7,126 (66.4%) |
| Renter Occupied HU | 3,180 (29.6%) |
| Vacant Housing Units | 423 ( 3.9%) |
| Median Home Value | $402,706 |
| Average Home Value | $436,798 |
Housing Distribution
Address Breakdown
Residential
10,343
Single Family
9,456
Multi-Family
887
Businesses
596
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Listed by: Aaron Signor • Small Business Real Estate
Mls Name: NWMLS
Mls ID: #2433253