1535 Castlerock Avenue #10WenatcheeWA98801
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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 Wenatchee at 1535 Castlerock Avenue #10, Wenatchee, WA, 98801 generates $1,784/mo in rent and, after a $1,392/mo payment, leaves $74/mo in cash flow. Total monthly income is $1,784/mo, and annual cash flow is $892/yr on $94,312 invested. Return on cash invested sits at 20.85% in year one, and rental yield is 7.52% on a $284,500 entry. Equity gained on principal adds $1,836/yr, while 5% annual appreciation builds toward $78,602 over five years. Five-year ROI reaches 107.7% and total cumulative return in cash sums $101,573. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,784/mo property income rather than buyer’s personal income.
Condo
Built in 1978
N/A 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: Casi Montoya Tarr • Premier One Properties
Mls Name: NWMLS
Mls ID: #2467195