8396 SE Nobhill StreetOthelloWA99344
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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 8396 SE Nobhill Street, Othello, WA, 99344 listed at $220,000 pairs $1,871/mo rent with a $1,077/mo payment to leave $548/mo cash flow. Total monthly income runs $1,871/mo, and annual cash flow reaches $6,580/yr on $72,930 cash to close. Return on cash invested measures 28.93% in year one, and rental yield registers 10.21% at a $220,000 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 151.01% and total cumulative return in cash totals $110,135. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,871/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1981
0.30 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: Blaine De La Torre • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2459368