660 N 10th AvenueOthelloWA99344
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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 Othello at 660 N 10th Avenue, Othello, WA, 99344 offers a 8.84% rental yield on a $550,000 purchase with $4,050/mo rent. Total monthly income registers $4,050/mo, and a $2,692/mo payment leaves $744/mo available for distribution. Annual cash flow reaches $8,926/yr on $180,950 to close, and return on cash invested stands at 24.99% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 129.83% and total cumulative return in cash at $234,922. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,050/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99344, Othello, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,983 (100%) |
| Owner Occupied HU | 3,504 (58.6%) |
| Renter Occupied HU | 2,056 (34.4%) |
| Vacant Housing Units | 423 ( 7.1%) |
| Median Home Value | $296,239 |
| Average Home Value | $321,831 |
Housing Distribution
Address Breakdown
Residential
5,627
Single Family
5,237
Multi-Family
390
Businesses
449
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Listed by: Brian Gentry • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2464253