653 E 9th StRepublicWA99166
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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 Republic at 653 E 9th St, Republic, WA, 99166 listed at $120,000 pairs $925/mo rent with a $587/mo payment to leave $204/mo cash flow. Total monthly income runs $925/mo, and annual cash flow reaches $2,448/yr on $39,780 cash to close. Return on cash invested measures 26.06% in year one, and rental yield registers 9.25% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 135.58% and total cumulative return in cash totals $53,935. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $925/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99166, Republic, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,790 (100%) |
| Owner Occupied HU | 1,099 (61.4%) |
| Renter Occupied HU | 323 (18.0%) |
| Vacant Housing Units | 368 (20.6%) |
| Median Home Value | $326,406 |
| Average Home Value | $403,439 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
980
Multi-Family
63
Businesses
177
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Listed by: BILL BALDWIN • WINDERMERE RE / REPUBLIC
Mls Name: Northeast Washington AOR
Mls ID: #45050