101 Driftwood LnChelanWA98816
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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
Total monthly income runs $2,513/mo, and a $9,300/mo payment. Purchase price stands at $1,900,100, and rental yield measures 1.59% with $2,513/mo rent. Return on cash invested shows 3% in year one, and 5% annual appreciation builds toward $524,963 over five years. Five-year ROI reaches 11.86% and total cumulative return in cash records $73,006. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,513/mo property income covering a $9,300/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98816, Chelan, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,869 (100%) |
| Owner Occupied HU | 2,069 (42.5%) |
| Renter Occupied HU | 902 (18.5%) |
| Vacant Housing Units | 1,898 (39.0%) |
| Median Home Value | $632,368 |
| Average Home Value | $704,685 |
Housing Distribution
Address Breakdown
Residential
2,786
Single Family
2,785
Multi-Family
1
Businesses
411
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Listed by: N/A • N/A
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Mls ID: #N/A