721 Palmer LnChewelahWA99109
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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 Chewelah at 721 Palmer Ln, Chewelah, WA, 99109 at $632,190 posts ROI 6.64% with from $1,474/mo rent. Total monthly income equals $1,474/mo. Return on cash invested measures 6.64% and rental yield reads 2.8% at the current $632,190. Equity gained on principal adds $4,079/yr, and 5% annual appreciation supports $174,662 by year five. Five-year ROI prints 31.44% and total cumulative return in cash totals $65,390. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,474/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99109, Chewelah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,665 (100%) |
| Owner Occupied HU | 1,779 (66.8%) |
| Renter Occupied HU | 613 (23.0%) |
| Vacant Housing Units | 273 (10.2%) |
| Median Home Value | $359,125 |
| Average Home Value | $428,259 |
Housing Distribution
Address Breakdown
Residential
2,027
Single Family
1,949
Multi-Family
78
Businesses
164
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Listed by: EVAN SCHALOCK • WINDERMERE COUNTRYSIDE-CHEWELAH
Mls Name: Northeast Washington AOR
Mls ID: #45058