100 Simon Street #40East WenatcheeWA98802
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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 East Wenatchee at 100 Simon Street #40, East Wenatchee, WA, 98802 offers a 10.26% rental yield on a $239,900 purchase with $2,051/mo rent. Total monthly income registers $2,051/mo, and a $1,174/mo payment leaves $609/mo available for distribution. Annual cash flow reaches $7,309/yr on $79,527 to close, and return on cash invested stands at 29.1% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 151.96% and total cumulative return in cash at $120,847. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,051/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98802, East Wenatchee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,208 (100%) |
| Owner Occupied HU | 9,155 (69.3%) |
| Renter Occupied HU | 3,430 (26.0%) |
| Vacant Housing Units | 623 ( 4.7%) |
| Median Home Value | $485,121 |
| Average Home Value | $521,488 |
Housing Distribution
Address Breakdown
Residential
12,617
Single Family
12,127
Multi-Family
490
Businesses
565
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Listed by: Diane Syria • CB Cascade - Wenatchee
Mls Name: NWMLS
Mls ID: #2439297