1213 Canal AveTietonWA98947
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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 Tieton at 1213 Canal Ave, Tieton, WA, 98947 generates $2,342/mo in rent and, after a $1,640/mo payment, leaves $328/mo in cash flow. Total monthly income is $2,342/mo, and annual cash flow is $3,935/yr on $111,053 invested. Return on cash invested sits at 23.45% in year one, and rental yield is 8.39% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 121.6% and total cumulative return in cash sums $135,044. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,342/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98947, Tieton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,050 (100%) |
| Owner Occupied HU | 663 (63.1%) |
| Renter Occupied HU | 288 (27.4%) |
| Vacant Housing Units | 99 ( 9.4%) |
| Median Home Value | $341,949 |
| Average Home Value | $421,923 |
Housing Distribution
Address Breakdown
Residential
802
Single Family
802
Multi-Family
0
Businesses
44
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Listed by: Erick Jovanny Mendoza Chavez • Berkshire Hathaway HomeServices Central Washington Real Estate
Mls Name: YARMLS
Mls Provider:
Mls ID: #25-548
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.