815 E Mt Adams StreetOthelloWA99344
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
Investment property for sale in Othello at 815 E Mt Adams Street, Othello, WA, 99344 listed at $365,000 pairs $2,740/mo rent with a $1,786/mo payment to leave $546/mo cash flow. Total monthly income runs $2,740/mo, and annual cash flow reaches $6,557/yr on $120,998 cash to close. Return on cash invested measures 25.33% in year one, and rental yield registers 9.01% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 131.68% and total cumulative return in cash totals $159,331. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,740/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
7,461 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99344, Othello, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,983 (100%) |
| Owner Occupied HU | 3,504 (58.6%) |
| Renter Occupied HU | 2,056 (34.4%) |
| Vacant Housing Units | 423 ( 7.1%) |
| Median Home Value | $296,239 |
| Average Home Value | $321,831 |
Housing Distribution
Address Breakdown
Residential
5,627
Single Family
5,237
Multi-Family
390
Businesses
449
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Otoniel R Nunez II • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2454979