724 Hanford StreetOmakWA98841
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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 Omak at 724 Hanford Street, Omak, WA, 98841 uses $40,775 cash to close to unlock $2,540/yr annual cash flow and $212/mo monthly cash flow. Total monthly income runs $951/mo, and a $602/mo payment keeps the spread at $212/mo. Purchase price stands at $123,000, and rental yield measures 9.28% with $951/mo rent. Return on cash invested shows 26.14% in year one, and 5% annual appreciation builds toward $33,983 over five years. Five-year ROI reaches 136.03% and total cumulative return in cash records $55,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $951/mo property income covering a $602/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.32 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: Monica Desautel • Best Choice Realty LLC
Mls Name: NWMLS
Mls ID: #2404773