826 S Skylark WayOthelloWA99344
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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 Othello at 826 S Skylark Way, Othello, WA, 99344 uses $212,205 cash to close to unlock $7,557/yr annual cash flow and $630/mo monthly cash flow. Total monthly income runs $4,507/mo, and a $3,157/mo payment keeps the spread at $630/mo. Purchase price stands at $645,000, and rental yield measures 8.39% with $4,507/mo rent. Return on cash invested shows 23.62% in year one, and 5% annual appreciation builds toward $178,202 over five years. Five-year ROI reaches 122.48% and total cumulative return in cash records $259,912. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,507/mo property income covering a $3,157/mo payment rather than investor’s personal income.
Single Family
Built in 1977
0.62 Acres 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
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Listed by: Brian Gentry • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2423253