1242 Cherry StreetWenatcheeWA98801
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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 Wenatchee at 1242 Cherry Street, Wenatchee, WA, 98801 listed at $425,000 pairs $3,089/mo rent with a $2,080/mo payment to leave $534/mo cash flow. Total monthly income runs $3,089/mo, and annual cash flow reaches $6,413/yr on $140,888 cash to close. Return on cash invested measures 24.46% in year one, and rental yield registers 8.72% at a $425,000 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,420 by year five. Five-year ROI tracks 127.03% and total cumulative return in cash totals $178,973. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,089/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98801, Wenatchee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,136 (100%) |
| Owner Occupied HU | 11,082 (57.9%) |
| Renter Occupied HU | 7,007 (36.6%) |
| Vacant Housing Units | 1,047 ( 5.5%) |
| Median Home Value | $490,431 |
| Average Home Value | $526,398 |
Housing Distribution
Address Breakdown
Residential
17,929
Single Family
15,907
Multi-Family
2,022
Businesses
1,666
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Listed by: Cindy A. Smith • Laura Mounter Real Estate
Mls Name: NWMLS
Mls ID: #2402178