1612 W Young Street, Elma, WA, 98541 | $469/mo Cash Flow

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1612 W Young Street, Elma, WA, 98541 | $469/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Elma at 1612 W Young Street, Elma, WA, 98541 earns $469/mo cash flow from $2,092/mo rent with a $1,322/mo payment. Total monthly income totals $2,092/mo, and annual cash flow totals $5,622/yr on $89,505 capital. ROI tracks 26.19% on current figures, and rental yield reads 9.3% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 136.31% and total cumulative return in cash sums $122,005. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,092/mo property income instead of your personal income.

Manufactured

Built in 1991

9,374 sqft lot

$N/A/sqft

No HOA

More details about the property

3 bedroom manufactured home in the heart of Elma, ready for some loving touches. Single-owner estate property sits on a spacious, partially fenced lot. Home is mostly original throughout. Carport attached provides covered parking, and cute deck leads you into the home. Primary suite includes a walk-in closet and attached full bathroom. Great opportunity to get into a home and fix it up at your own pace, or it could make a great rental property as well. Estate does not have capacity to make repairs, strongly prefers as-is sale.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98541, Elma, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,884 (100%)
Owner Occupied HU	3,333 (68.2%)
Renter Occupied HU	1,067 (21.8%)
Vacant Housing Units	484 ( 9.9%)
Median Home Value	$446,082
Average Home Value	$471,424