704 E Canterbury LnColbertWA99005
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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 Colbert at 704 E Canterbury Ln, Colbert, WA, 99005 with 5% annual appreciation on a $399,000 basis while $2,682/mo rent supports operations. Total monthly income totals $2,682/mo and a $1,953/mo payment preserves $258/mo for cash returns. Annual cash flow comes to $3,094/yr on $132,269 deployed, and return on cash invested reaches 22.25% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 8.07%. Five-year ROI measures 115.24% and total cumulative return in cash totals $152,426.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,682/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99005, Colbert, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,714 (100%) |
| Owner Occupied HU | 3,414 (91.9%) |
| Renter Occupied HU | 228 ( 6.1%) |
| Vacant Housing Units | 72 ( 1.9%) |
| Median Home Value | $622,276 |
| Average Home Value | $660,747 |
Housing Distribution
Address Breakdown
Residential
3,550
Single Family
3,370
Multi-Family
180
Businesses
97
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Listed by: Jacob Beal • REAL Broker LLC
Mls Name: SMLS
Mls Provider:
Mls ID: #202518250
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.