10 S Cove Avenue #14WenatcheeWA98801
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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 Wenatchee at 10 S Cove Avenue #14, Wenatchee, WA, 98801 generates $1,946/mo in rent and, after a $1,346/mo payment, leaves $293/mo in cash flow. Total monthly income is $1,946/mo, and annual cash flow is $3,515/yr on $91,163 invested. Return on cash invested sits at 23.76% in year one, and rental yield is 8.49% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 123.29% and total cumulative return in cash sums $112,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,946/mo property income rather than buyer’s personal income.
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98801, Wenatchee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,136 (100%) |
| Owner Occupied HU | 11,082 (57.9%) |
| Renter Occupied HU | 7,007 (36.6%) |
| Vacant Housing Units | 1,047 ( 5.5%) |
| Median Home Value | $490,431 |
| Average Home Value | $526,398 |
Housing Distribution
Address Breakdown
Residential
17,929
Single Family
15,907
Multi-Family
2,022
Businesses
1,666
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Listed by: Genevieve Pinkerton • RE/MAX Advantage
Mls Name: NWMLS
Mls ID: #2413627