7037 E Highway 262 #58/59OthelloWA99344
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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 7037 E Highway 262 #58/59, Othello, WA, 99344 uses $91,163 cash to close to unlock $12,563/yr annual cash flow and $1,047/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $1,346/mo payment keeps the spread at $1,047/mo. Purchase price stands at $275,000, and rental yield measures 11.78% with $2,700/mo rent. Return on cash invested shows 33.69% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 176.51% and total cumulative return in cash records $160,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Manufactured
Built in 2014
4,199 sqft 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: Camiekae Lynch • BHHS Leavenworth&Cascade Prop
Mls Name: NWMLS
Mls ID: #2417409