800 E Locust StreetWatervilleWA98858
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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 Waterville at 800 E Locust Street, Waterville, WA, 98858 listed at $345,999 pairs $2,262/mo rent with a $1,693/mo payment to leave $183/mo cash flow. Total monthly income runs $2,262/mo, and annual cash flow reaches $2,192/yr on $114,699 cash to close. Return on cash invested measures 21.82% in year one, and rental yield registers 7.85% at a $345,999 basis. Equity gained on principal adds $2,233/yr, and annual property appreciation at 5% supports $95,593 by year five. Five-year ROI tracks 112.86% and total cumulative return in cash totals $129,450. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,262/mo property income relative to a $1,693/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98858, Waterville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 553 (71.9%) |
| Renter Occupied HU | 126 (16.4%) |
| Vacant Housing Units | 90 (11.7%) |
| Median Home Value | $372,642 |
| Average Home Value | $425,402 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
81
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Listed by: Greg Hurley • Nick McLean Real Estate Group
Mls Name: NWMLS
Mls ID: #2431021