1016 N 2nd StYakimaWA98901
Nearby investment properties with comparable rents
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 Yakima at 1016 N 2nd St, Yakima, WA, 98901 uses $66,300 cash to close to unlock $5,180/yr annual cash flow and $432/mo monthly cash flow. Total monthly income runs $1,634/mo, and a $979/mo payment keeps the spread at $432/mo. Purchase price stands at $200,000, and rental yield measures 9.8% with $1,634/mo rent. Return on cash invested shows 27.72% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 144.52% and total cumulative return in cash records $95,816. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,634/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1921
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98901, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,269 (100%) |
| Owner Occupied HU | 6,074 (49.5%) |
| Renter Occupied HU | 5,462 (44.5%) |
| Vacant Housing Units | 733 ( 6.0%) |
| Median Home Value | $350,909 |
| Average Home Value | $388,122 |
Housing Distribution
Address Breakdown
Residential
11,624
Single Family
9,986
Multi-Family
1,638
Businesses
985
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Listed by: Kevin Rangel • John L Scott Yakima
Mls Name: YARMLS
Mls ID: #25-3420