1603 S Mallard Way #18EllensburgWA98926
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 Ellensburg at 1603 S Mallard Way #18, Ellensburg, WA, 98926 uses $137,571 cash to close to unlock $5,347/yr annual cash flow and $446/mo monthly cash flow. Total monthly income runs $2,940/mo, and a $2,031/mo payment keeps the spread at $446/mo. Purchase price stands at $414,995, and rental yield measures 8.5% with $2,940/mo rent. Return on cash invested shows 23.8% in year one, and 5% annual appreciation builds toward $114,655 over five years. Five-year ROI reaches 123.46% and total cumulative return in cash records $169,844. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,940/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 2025
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98926, Ellensburg, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,755 (100%) |
| Owner Occupied HU | 8,014 (50.9%) |
| Renter Occupied HU | 6,588 (41.8%) |
| Vacant Housing Units | 1,153 ( 7.3%) |
| Median Home Value | $493,263 |
| Average Home Value | $565,906 |
Housing Distribution
Address Breakdown
Residential
14,353
Single Family
12,924
Multi-Family
1,429
Businesses
1,074
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Curtis Goodwin • D.R. Horton
Mls Name: NWMLS
Mls ID: #2421408