8 W 3rd StreetOdessaWA99159
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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 Odessa at 8 W 3rd Street, Odessa, WA, 99159 with 5% annual appreciation on a $175,000 basis while $1,614/mo rent supports operations. Total monthly income totals $1,614/mo and a $857/mo payment preserves $562/mo for cash returns. Annual cash flow comes to $6,739/yr on $58,013 deployed, and return on cash invested reaches 31.53% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 11.07%. Five-year ROI measures 164.91% and total cumulative return in cash totals $95,671.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,614/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
7,322 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99159, Odessa, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 655 (100%) |
| Owner Occupied HU | 455 (69.5%) |
| Renter Occupied HU | 120 (18.3%) |
| Vacant Housing Units | 80 (12.2%) |
| Median Home Value | $254,808 |
| Average Home Value | $311,308 |
Housing Distribution
Address Breakdown
Residential
228
Single Family
227
Multi-Family
1
Businesses
65
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Listed by: Lizbeth Romero • Epique Realty
Mls Name: NWMLS
Mls ID: #2434116