1229 C Street SWEphrataWA98823
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ephrata at 1229 C Street SW, Ephrata, WA, 98823 offers a 7.63% rental yield on a $250,000 purchase with $1,590/mo rent. Total monthly income registers $1,590/mo, and a $1,224/mo payment leaves $87/mo available for distribution. Annual cash flow reaches $1,042/yr on $82,875 to close, and return on cash invested stands at 21.17% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 109.36% and total cumulative return in cash at $90,634. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,590/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
5,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98823, Ephrata, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,857 (100%) |
| Owner Occupied HU | 3,298 (67.9%) |
| Renter Occupied HU | 1,298 (26.7%) |
| Vacant Housing Units | 261 ( 5.4%) |
| Median Home Value | $350,062 |
| Average Home Value | $374,187 |
Housing Distribution
Address Breakdown
Residential
4,724
Single Family
4,603
Multi-Family
121
Businesses
453
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rex Gordon • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2460759