1600 Skull Springs RoadCle 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
Rental property for sale in Cle Elum at 1600 Skull Springs Road, Cle Elum, WA, 98922 generates $2,074/mo in rent and, after a $1,459/mo payment, leaves $282/mo in cash flow. Total monthly income is $2,074/mo, and annual cash flow is $3,387/yr on $98,787 invested. Return on cash invested sits at 23.34% in year one, and rental yield is 8.35% on a $298,000 entry. Equity gained on principal adds $1,923/yr, while 5% annual appreciation builds toward $82,332 over five years. Five-year ROI reaches 121.03% and total cumulative return in cash sums $119,564. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,074/mo property income rather than buyer’s personal income.
Manufactured
Built in 1982
0.51 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: Michelle Santa • COMPASS
Mls Name: NWMLS
Mls ID: #2359673