880 S Alder StColvilleWA99114
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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
Rental property for sale in Colville at 880 S Alder St, Colville, WA, 99114 priced at $315,000 pairs $1,770/mo rent with after a $1,542/mo payment. Total monthly income equals $1,770/mo. Return on cash invested is 18.49% in year one, and rental yield stands at 6.74% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 95.01% and total cumulative return in cash reaches $99,209. For financing, Ziffy Mortgage’s DSCR program evaluates $1,770/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99114, Colville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,439 (100%) |
| Owner Occupied HU | 4,148 (64.4%) |
| Renter Occupied HU | 1,456 (22.6%) |
| Vacant Housing Units | 835 (13.0%) |
| Median Home Value | $335,372 |
| Average Home Value | $375,172 |
Housing Distribution
Address Breakdown
Residential
5,515
Single Family
5,219
Multi-Family
296
Businesses
542
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Listed by: Patty M. Hunt • WINDERMERE KETTLE FALLS
Mls Name: Northeast Washington AOR
Mls ID: #45448