70 Hill Range LaneWatervilleWA98858
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 Waterville at 70 Hill Range Lane, Waterville, WA, 98858 priced at $725,000 converts $3,353/mo rent into after a $3,549/mo obligation. Total monthly income equals $3,353/mo. Return on cash invested prints 15% in year one, and rental yield reads 5.55% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 76.27% and total cumulative return in cash sums $181,913. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,353/mo property income covering a $3,549/mo payment, not borrower’s personal income.
Single Family
Built in 2021
40.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98858, Waterville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 553 (71.9%) |
| Renter Occupied HU | 126 (16.4%) |
| Vacant Housing Units | 90 (11.7%) |
| Median Home Value | $372,642 |
| Average Home Value | $425,402 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
81
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Nearby investment properties with comparable prices
Listed by: Daicy Leyva Sanchez • CB Cascade - Lake Chelan
Mls Name: NWMLS
Mls ID: #2439067