104 N Saratoga WayMoses LakeWA98837
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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
Rental property for sale in Moses Lake at 104 N Saratoga Way, Moses Lake, WA, 98837 priced at $423,249 converts $2,394/mo rent into after a $2,072/mo obligation. Total monthly income equals $2,394/mo. Return on cash invested prints 18.62% in year one, and rental yield reads 6.79% against a $423,249 entry. Equity gained on principal adds $2,731/yr, while 5% annual appreciation compiles into $116,936 by year five. Five-year ROI reaches 95.72% and total cumulative return in cash sums $134,299. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,394/mo property income covering a $2,072/mo payment, not borrower’s personal income.
Single Family
Built in 2025
7,379 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98837, Moses Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,399 (100%) |
| Owner Occupied HU | 11,735 (60.5%) |
| Renter Occupied HU | 6,484 (33.4%) |
| Vacant Housing Units | 1,180 ( 6.1%) |
| Median Home Value | $381,410 |
| Average Home Value | $439,001 |
Housing Distribution
Address Breakdown
Residential
18,244
Single Family
17,408
Multi-Family
836
Businesses
1,439
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Listed by: Mark Fancher • Coldwell Banker Tomlinson R&H
Mls Name: NWMLS
Mls Provider:
Mls ID: #2455819
Disclaimer: Based on information submitted to the MLS GRID as of 2026-01-02 05:58:56 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)