649 N Division StreetWalla WallaWA99362
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
Rental property for sale in Walla Walla at 649 N Division Street, Walla Walla, WA, 99362 priced at $269,900 converts $2,383/mo rent into $761/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,383/mo, and annual cash flow totals $9,127/yr on $89,472 invested. Return on cash invested prints 30.11% in year one, and rental yield reads 10.6% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 157.33% and total cumulative return in cash sums $140,766. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,383/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1950
5,201 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99362, Walla Walla, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,781 (100%) |
| Owner Occupied HU | 10,838 (61.0%) |
| Renter Occupied HU | 5,653 (31.8%) |
| Vacant Housing Units | 1,290 ( 7.3%) |
| Median Home Value | $447,553 |
| Average Home Value | $489,614 |
Housing Distribution
Address Breakdown
Residential
17,029
Single Family
15,302
Multi-Family
1,727
Businesses
1,765
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kyle R. Williams • Williams Team Homes LLC
Mls Name: NWMLS
Mls ID: #2425163