643 W Loop DriveMoses LakeWA98837
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Moses Lake at 643 W Loop Drive, Moses Lake, WA, 98837 at $289,000 posts ROI 22.25% with $187/mo cash flow from $1,925/mo rent. Total monthly income equals $1,925/mo, and annual cash flow records $2,247/yr on $95,804 to close. Return on cash invested measures 22.25% and rental yield reads 7.99% at the current $289,000. Equity gained on principal adds $1,865/yr, and 5% annual appreciation supports $79,845 by year five. Five-year ROI prints 115.21% and total cumulative return in cash totals $110,378.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,925/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
9,552 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98837, Moses Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,399 (100%) |
| Owner Occupied HU | 11,735 (60.5%) |
| Renter Occupied HU | 6,484 (33.4%) |
| Vacant Housing Units | 1,180 ( 6.1%) |
| Median Home Value | $381,410 |
| Average Home Value | $439,001 |
Housing Distribution
Address Breakdown
Residential
18,244
Single Family
17,408
Multi-Family
836
Businesses
1,439
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Listed by: Marizol Mendez • Sunset Real Estate
Mls Name: NWMLS
Mls ID: #2456375