1302 S 3rd AveYakimaWA98902
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 Yakima at 1302 S 3rd Ave, Yakima, WA, 98902 listed at $374,999 pairs $2,478/mo rent with a $1,835/mo payment to leave $224/mo cash flow. Total monthly income runs $2,478/mo, and annual cash flow reaches $2,691/yr on $124,312 cash to close. Return on cash invested measures 22.07% in year one, and rental yield registers 7.93% at a $374,999 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,605 by year five. Five-year ROI tracks 114.24% and total cumulative return in cash totals $142,011. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,478/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1943
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98902, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,594 (100%) |
| Owner Occupied HU | 9,170 (49.3%) |
| Renter Occupied HU | 8,596 (46.2%) |
| Vacant Housing Units | 828 ( 4.5%) |
| Median Home Value | $280,057 |
| Average Home Value | $319,492 |
Housing Distribution
Address Breakdown
Residential
17,340
Single Family
15,716
Multi-Family
1,624
Businesses
1,522
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cesar Diaz • Yakima-CW Real Estate, LLC
Mls Name: YARMLS
Mls ID: #25-2180