1023 Gibson RdSelahWA98942
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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 Selah at 1023 Gibson Rd, Selah, WA, 98942 listed at $420,000 pairs $2,066/mo rent with a $2,056/mo payment. Total monthly income runs $2,066/mo. Return on cash invested measures 15.95% in year one, and rental yield registers 5.9% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 81.38% and total cumulative return in cash totals $113,311. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,066/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2004
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98942, Selah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,051 (100%) |
| Owner Occupied HU | 5,100 (72.3%) |
| Renter Occupied HU | 1,722 (24.4%) |
| Vacant Housing Units | 229 ( 3.2%) |
| Median Home Value | $432,167 |
| Average Home Value | $486,327 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,602
Multi-Family
320
Businesses
400
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Listed by: Justin Thompson • RE/MAX, The Collective
Mls Name: YARMLS
Mls ID: #25-3409