9 Pine Grove StRepublicWA99166
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
Investment Highlights
Rental property for sale in Republic at 9 Pine Grove St, Republic, WA, 99166 priced at $420,000 converts $1,340/mo rent into after a $2,056/mo obligation. Total monthly income equals $1,340/mo. Return on cash invested prints 9.7% in year one, and rental yield reads 3.83% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 47.83% and total cumulative return in cash sums $66,595. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,340/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Multi Family
Built in 2001
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99166, Republic, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,790 (100%) |
| Owner Occupied HU | 1,099 (61.4%) |
| Renter Occupied HU | 323 (18.0%) |
| Vacant Housing Units | 368 (20.6%) |
| Median Home Value | $326,406 |
| Average Home Value | $403,439 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
980
Multi-Family
63
Businesses
177
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal Strong • WINDERMERE RE / REPUBLIC
Mls Name: Northeast Washington AOR
Mls ID: #45082