1002 Sherman AveProsserWA99350
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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
Investment property for sale in Prosser at 1002 Sherman Ave, Prosser, WA, 99350 earns from $2,591/mo rent with a $2,203/mo payment. Total monthly income totals $2,591/mo. ROI tracks 18.99% on current figures, and rental yield reads 6.91% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 97.69% and total cumulative return in cash sums $145,722. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,591/mo property income instead of your personal income.
Single Family
Built in 1907
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99350, Prosser, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,049 (100%) |
| Owner Occupied HU | 3,366 (66.7%) |
| Renter Occupied HU | 1,334 (26.4%) |
| Vacant Housing Units | 349 ( 6.9%) |
| Median Home Value | $416,998 |
| Average Home Value | $494,311 |
Housing Distribution
Address Breakdown
Residential
4,789
Single Family
4,472
Multi-Family
317
Businesses
420
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Listed by: Gavin E Vargas • Windermere Grp One Tri-Cities
Mls Name: NWMLS
Mls ID: #2420064