713 Locust StreetOmakWA98841
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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
Investment property for sale in Omak at 713 Locust Street, Omak, WA, 98841 earns $384/mo cash flow from $2,337/mo rent with a $1,590/mo payment. Total monthly income totals $2,337/mo, and annual cash flow totals $4,610/yr on $107,704 capital. ROI tracks 24.19% on current figures, and rental yield reads 8.63% at a $324,900 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,764 over five years. Five-year ROI reaches 125.59% and total cumulative return in cash sums $135,269. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,337/mo property income instead of your personal income.
Single Family
Built in 1993
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98841, Omak, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,001 (100%) |
| Owner Occupied HU | 2,515 (62.9%) |
| Renter Occupied HU | 1,148 (28.7%) |
| Vacant Housing Units | 338 ( 8.4%) |
| Median Home Value | $368,091 |
| Average Home Value | $461,387 |
Housing Distribution
Address Breakdown
Residential
2,507
Single Family
2,375
Multi-Family
132
Businesses
337
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Listed by: Rachel Giovacchini • RE/MAX Welcome Home
Mls Name: NWMLS
Mls ID: #2431177