8974 Spirit Lake HwyToutleWA98649
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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 Toutle at 8974 Spirit Lake Hwy, Toutle, WA, 98649 uses $142,545 cash to close to unlock $9,226/yr annual cash flow and $769/mo monthly cash flow. Total monthly income runs $3,354/mo, and a $2,105/mo payment keeps the spread at $769/mo. Purchase price stands at $430,000, and rental yield measures 9.36% with $3,354/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 137.31% and total cumulative return in cash records $195,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,354/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Single Family
Built in 1975
5.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98649, Toutle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 486 (100%) |
| Owner Occupied HU | 403 (82.9%) |
| Renter Occupied HU | 40 ( 8.2%) |
| Vacant Housing Units | 43 ( 8.8%) |
| Median Home Value | $514,752 |
| Average Home Value | $505,937 |
Housing Distribution
Address Breakdown
Residential
369
Single Family
354
Multi-Family
15
Businesses
33
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Listed by: Leigh Golson • Top Dog Realty Group
Mls Name: RMLS (OR)
Mls ID: #585157241