645 5th Avenue SOkanoganWA98840
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 Okanogan at 645 5th Avenue S, Okanogan, WA, 98840 offers a 8.62% rental yield on a $329,000 purchase with $2,362/mo rent. Total monthly income registers $2,362/mo, and a $1,610/mo payment leaves $385/mo available for distribution. Annual cash flow reaches $4,615/yr on $109,064 to close, and return on cash invested stands at 24.14% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 125.31% and total cumulative return in cash at $136,665. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,362/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98840, Okanogan, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,375 (100%) |
| Owner Occupied HU | 1,430 (60.2%) |
| Renter Occupied HU | 713 (30.0%) |
| Vacant Housing Units | 232 ( 9.8%) |
| Median Home Value | $281,174 |
| Average Home Value | $353,199 |
Housing Distribution
Address Breakdown
Residential
1,360
Single Family
1,360
Multi-Family
0
Businesses
207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Liz Stewart • Nick McLean Real Estate Group
Mls Name: NWMLS
Mls ID: #2417749