1701 Reservoir LoopSelahWA98942
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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 Selah at 1701 Reservoir Loop, Selah, WA, 98942 offers a 7.2% rental yield on a $346,800 purchase with $2,080/mo rent. 86% in year one. Equity gained on principal adds $2,238/yr while 5% annual appreciation supports $95,814 over five years. Portfolio math shows five-year ROI at 102.37% and total cumulative return in cash at $117,689. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,080/mo property income against a $1,697/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98942, Selah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,051 (100%) |
| Owner Occupied HU | 5,100 (72.3%) |
| Renter Occupied HU | 1,722 (24.4%) |
| Vacant Housing Units | 229 ( 3.2%) |
| Median Home Value | $432,167 |
| Average Home Value | $486,327 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,602
Multi-Family
320
Businesses
400
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Listed by: Cari L Franklin • John L. Scott Federal Way
Mls Name: NWMLS
Mls ID: #2426967