803 Elizabeth StreetKelsoWA98626
Nearby investment properties with comparable rents
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
Rental property for sale in Kelso at 803 Elizabeth Street, Kelso, WA, 98626 priced at $420,000 pairs $2,593/mo rent with $68/mo cash flow after a $2,056/mo payment. Total monthly income equals $2,593/mo, and annual cash flow comes to $816/yr on $139,230 invested. Return on cash invested is 20.5% in year one, and rental yield stands at 7.41% on a $420,000 basis. Equity gained on principal adds $2,710/yr, and 5% annual appreciation accumulates to $116,038 by year five. Five-year ROI measures 105.75% and total cumulative return in cash reaches $147,235. For financing, Ziffy Mortgage’s DSCR program evaluates $2,593/mo property income against a $2,056/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1923
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98626, Kelso, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,729 (100%) |
| Owner Occupied HU | 7,126 (66.4%) |
| Renter Occupied HU | 3,180 (29.6%) |
| Vacant Housing Units | 423 ( 3.9%) |
| Median Home Value | $402,706 |
| Average Home Value | $436,798 |
Housing Distribution
Address Breakdown
Residential
10,343
Single Family
9,456
Multi-Family
887
Businesses
596
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Listed by: Melissa Erickson • Windermere Northwest Living
Mls Name: NWMLS
Mls ID: #2476065