812 S 5th Ave Kelso, WA 98626

👑 3.375% Kelso Sub2 Deal — Low Entry, Built-In Equity & Easy Value-Add 👑 Down Payment: $38,000 This is a clean, low-risk sub-to opportunity with strong in-place financing and an added short-term 0% seller carry second, creating an extremely investor-friendly structure — NO BANKS REQUIRED. You’re stepping into a 3.375% mortgage with a very low payment, while also benefiting from monthly principal reduction and a price point that consistently moves in this market. The property is clean and ready for a tenant as-is, with only a very minor flooring repair (approx. 6” x 4’ section) needed. 💰 Deal Structure Loan 1 – Subject-To (Primary Mortgage): Balance: Approx. $175,798.20 Interest Rate: 3.375% Monthly Payment (PIT): $1,066 + (new insurance policy will need to be selected) Principal Paydown: $373.12/month No balloon No prepayment penalty Loan 2 – Owner Finance Second (Short-Term): Balance: $13,000 Interest Rate: 0% Payment: $385/month Term: 34 months 📊 Total Monthly Obligation $1,066 (PIT – Loan 1) $385 (Loan 2 – 34 months) ➡️ Total: $1,451/month (first 34 months + insurance) ➡️ Drops to $1,066/month after payoff 💸 Rental Snapshot Estimated Rent: $1,900/month Monthly Payment: $1,451 + insurance ➡️ Estimated Cash Flow: ~$450/month (before insurance) After second payoff: ➡️ Payment: $1,066 + insurance ➡️ Cash Flow: ~$830/month (before insurance) 📈 Exit Strategy Hold (Rental): Stable cash-flowing asset with improving returns over time 🧠 Why This Deal Works NO BANKS REQUIRED — step into existing financing Low entry at $38K down for control of the asset Ultra-low rate debt (3.375%) — impossible to replace today Strong day-one cash flow No balloon + no prepay penalty = full flexibility on exit 0% second that burns off in under 3 years Payment drops significantly after 34 months Built-in principal paydown (~$758/month during hold) Clean and rent-ready — generate income immediately Only minor repair needed — no heavy lift Clear path to ~$290K resale 🏡 Property Details 3 Beds | 1 Bath | 1,292 Sq Ft Large kitchen with ample storage Bonus upstairs space (4th bedroom / flex use) Spacious fenced backyard with a fire pit and shed Covered carport with multi-vehicle parking Easy access to I-5, schools, and shopping Close to rivers, parks, and outdoor recreation Call for Walkthrough! Closing date: 6/8/2026 – Cash and hard money only, 10,000 EM deposit upon mutual acceptance. Buyer to pay closing costs.