1046 Corum CircleEast WenatcheeWA98802
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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 East Wenatchee at 1046 Corum Circle, East Wenatchee, WA, 98802 generates $2,704/mo in rent and, after a $2,198/mo payment, leaves $5/mo in cash flow. Total monthly income is $2,704/mo, and annual cash flow is $55/yr on $148,844 invested. Return on cash invested sits at 19.95% in year one, and rental yield is 7.23% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 102.82% and total cumulative return in cash sums $153,040. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,704/mo property income rather than buyer’s personal income.
Townhouse
Built in 2008
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98802, East Wenatchee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,208 (100%) |
| Owner Occupied HU | 9,155 (69.3%) |
| Renter Occupied HU | 3,430 (26.0%) |
| Vacant Housing Units | 623 ( 4.7%) |
| Median Home Value | $485,121 |
| Average Home Value | $521,488 |
Housing Distribution
Address Breakdown
Residential
12,617
Single Family
12,127
Multi-Family
490
Businesses
565
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Listed by: Shaunna Larson • Laura Mounter Real Estate
Mls Name: NWMLS
Mls ID: #2452594