1020 Elm StProsserWA99350
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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 Prosser at 1020 Elm St, Prosser, WA, 99350 with 5% annual appreciation on a $399,000 basis while $2,324/mo rent supports operations. 02% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 6.99%. Five-year ROI measures 97.91% and total cumulative return in cash totals $129,506. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,324/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
0.26 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: Haley Larson • RE/MAX, The Collective
Mls Name: PACMLS
Mls Provider:
Mls ID: #287581
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.