6696 Highway 291 UNIT ANine Mile FallsWA99026
Nearby investment properties with comparable rents
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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 Nine Mile Falls at 6696 Highway 291 UNIT A, Nine Mile Falls, WA, 99026 listed at $469,900 pairs $2,640/mo rent with a $2,300/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 17.01% in year one, and rental yield registers 6.74% at a $469,900 basis. Equity gained on principal adds $3,032/yr, and annual property appreciation at 5% supports $129,825 by year five. Five-year ROI tracks 87.59% and total cumulative return in cash totals $136,442. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $2,300/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1987
N/A lot
$N/A/sqft
$192 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99026, Nine Mile Falls, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,001 (100%) |
| Owner Occupied HU | 3,595 (89.9%) |
| Renter Occupied HU | 266 ( 6.6%) |
| Vacant Housing Units | 140 ( 3.5%) |
| Median Home Value | $530,482 |
| Average Home Value | $568,047 |
Housing Distribution
Address Breakdown
Residential
3,663
Single Family
3,663
Multi-Family
0
Businesses
147
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Listed by: Kori Douglas • Choice Realty
Mls Name: SMLS
Mls Provider:
Mls ID: #202514298
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.