724 S Miner StColvilleWA99114
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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 Colville at 724 S Miner St, Colville, WA, 99114 uses $140,888 cash to close to unlock $6,917/yr annual cash flow and $576/mo monthly cash flow. Total monthly income runs $3,131/mo, and a $2,080/mo payment keeps the spread at $576/mo. Purchase price stands at $425,000, and rental yield measures 8.84% with $3,131/mo rent. Return on cash invested shows 24.82% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 128.95% and total cumulative return in cash records $181,673. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,131/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99114, Colville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,439 (100%) |
| Owner Occupied HU | 4,148 (64.4%) |
| Renter Occupied HU | 1,456 (22.6%) |
| Vacant Housing Units | 835 (13.0%) |
| Median Home Value | $335,372 |
| Average Home Value | $375,172 |
Housing Distribution
Address Breakdown
Residential
5,515
Single Family
5,219
Multi-Family
296
Businesses
542
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Listed by: Michel Pitts • RE/MAX SELECT ASSOCIATES
Mls Name: Northeast Washington AOR
Mls ID: #44314
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.