116 1/2 E B StWapatoWA98951
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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 Wapato at 116 1/2 E B St, Wapato, WA, 98951 offers a 8.22% rental yield on a $210,000 purchase with $1,438/mo rent. 39% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 101.09% and total cumulative return in cash at $70,372. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,438/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98951, Wapato, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 2,351 (60.9%) |
| Renter Occupied HU | 1,329 (34.4%) |
| Vacant Housing Units | 181 ( 4.7%) |
| Median Home Value | $293,793 |
| Average Home Value | $351,168 |
Housing Distribution
Address Breakdown
Residential
3,758
Single Family
3,436
Multi-Family
322
Businesses
224
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Listed by: Fernando Ontiveros-Houghton • eXp Realty LLC Kennewick
Mls Name: YARMLS
Mls Provider:
Mls ID: #25-1431
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.