103 Spring AveUnion GapWA98903
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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 Union Gap at 103 Spring Ave, Union Gap, WA, 98903 uses $89,174 cash to close to unlock $4,051/yr annual cash flow and $338/mo monthly cash flow. Total monthly income runs $1,955/mo, and a $1,317/mo payment keeps the spread at $338/mo. Purchase price stands at $269,000, and rental yield measures 8.72% with $1,955/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 126.98% and total cumulative return in cash records $113,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,955/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Manufactured
Built in 1991
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98903, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,490 (100%) |
| Owner Occupied HU | 4,810 (74.1%) |
| Renter Occupied HU | 1,394 (21.5%) |
| Vacant Housing Units | 286 ( 4.4%) |
| Median Home Value | $405,288 |
| Average Home Value | $403,893 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,731
Multi-Family
86
Businesses
744
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Listed by: Chris Nye • MLS4owners.com, Inc.
Mls Name: YARMLS
Mls ID: #25-2171