8348 Main Street #6PeshastinWA98847
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 8348 Main Street #6, Peshastin, WA, 98847 in Peshastin speaks for itself: 10.75% gross on a $375,000 price, generating $3,360/mo in rent and $1,106/mo in net income after the $1,686/mo debt service. DSCR 1.99, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,270 stacks alongside $103,606 in projected five-year appreciation and $3,454/yr in principal reduction. Projected total cumulative return: $213,116.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.2% |
| Monthly Cash Flow | $1,106 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,360 |
| Total Monthly Debt Service | $2,105 |
| DSCR Ratio | 1.60x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98847, Peshastin, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 836 (100%) |
| Owner Occupied HU | 489 (58.5%) |
| Renter Occupied HU | 229 (27.4%) |
| Vacant Housing Units | 118 (14.1%) |
| Median Home Value | $705,579 |
| Average Home Value | $783,942 |
Housing Distribution
Address Breakdown
Residential
501
Single Family
501
Multi-Family
0
Businesses
54
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
Condo
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98847, Peshastin, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 836 (100%) |
| Owner Occupied HU | 489 (58.5%) |
| Renter Occupied HU | 229 (27.4%) |
| Vacant Housing Units | 118 (14.1%) |
| Median Home Value | $705,579 |
| Average Home Value | $783,942 |
Housing Distribution
Address Breakdown
Residential
501
Single Family
501
Multi-Family
0
Businesses
54
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer L Schultz • Windermere R.E./Snohomish Inc.
Mls Name: NWMLS
Mls ID: #2420154