618 N 3rd 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
Rental property for sale in Kelso at 618 N 3rd Avenue, Kelso, WA, 98626 generates $1,220/mo in rent and, after a $734/mo payment, leaves $319/mo in cash flow. Total monthly income is $1,220/mo, and annual cash flow is $3,822/yr on $49,725 invested. Return on cash invested sits at 27.6% in year one, and rental yield is 9.76% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 143.89% and total cumulative return in cash sums $71,550. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
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: George Graham • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2412808