1385 Stone Ridge DriveCle ElumWA98922
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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 Cle Elum at 1385 Stone Ridge Drive, Cle Elum, WA, 98922 offers a 5.11% rental yield on a $1,499,999 purchase with $6,382/mo rent. 86% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,422 over five years. Portfolio math shows five-year ROI at 70.08% and total cumulative return in cash at $340,595. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,382/mo property income against a $7,342/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98922, Cle Elum, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,345 (100%) |
| Owner Occupied HU | 2,945 (46.4%) |
| Renter Occupied HU | 647 (10.2%) |
| Vacant Housing Units | 2,753 (43.4%) |
| Median Home Value | $715,221 |
| Average Home Value | $803,774 |
Housing Distribution
Address Breakdown
Residential
3,907
Single Family
3,816
Multi-Family
91
Businesses
340
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Listed by: Allison Ybarra • St Clair Realty
Mls Name: NWMLS
Mls ID: #2386363