645 E 2nd AveColvilleWA99114
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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 Colville at 645 E 2nd Ave, Colville, WA, 99114 offers a 6.75% rental yield on a $389,000 purchase with $2,189/mo rent. 52% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 95.16% and total cumulative return in cash at $122,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,189/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99114, Colville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,439 (100%) |
| Owner Occupied HU | 4,148 (64.4%) |
| Renter Occupied HU | 1,456 (22.6%) |
| Vacant Housing Units | 835 (13.0%) |
| Median Home Value | $335,372 |
| Average Home Value | $375,172 |
Housing Distribution
Address Breakdown
Residential
5,515
Single Family
5,219
Multi-Family
296
Businesses
542
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Listed by: Rebecca Gray Johnson • Heart and Homes Northwest Realty-Colville
Mls Name: Northeast Washington AOR
Mls ID: #44416
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.