901 N 3 EChewelahWA99109
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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 Chewelah at 901 N 3 E, Chewelah, WA, 99109 offers a 5.06% rental yield on a $299,000 purchase with $1,260/mo rent. 41% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 67.8% and total cumulative return in cash at $67,198. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99109, Chewelah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,665 (100%) |
| Owner Occupied HU | 1,779 (66.8%) |
| Renter Occupied HU | 613 (23.0%) |
| Vacant Housing Units | 273 (10.2%) |
| Median Home Value | $359,125 |
| Average Home Value | $428,259 |
Housing Distribution
Address Breakdown
Residential
2,027
Single Family
1,949
Multi-Family
78
Businesses
164
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Listed by: Sheryl Hoxie • Windermere Countryside - Chewelah
Mls Name: SMLS
Mls Provider:
Mls ID: #202515026
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.