1815 Number 2 Canyon Rd. #53WenatcheeWA98801
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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 Wenatchee at 1815 Number 2 Canyon Rd. #53, Wenatchee, WA, 98801 uses $66,267 cash to close to unlock $4,341/yr annual cash flow and $362/mo monthly cash flow. Total monthly income runs $1,563/mo, and a $978/mo payment keeps the spread at $362/mo. Purchase price stands at $199,900, and rental yield measures 9.38% with $1,563/mo rent. Return on cash invested shows 26.46% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 137.75% and total cumulative return in cash records $91,285. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,563/mo property income covering a $978/mo payment rather than investor’s personal income.
Condo
Built in 1965
431.24 sqft 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: Christie Kay • Windermere Real Estate/NCW
Mls Name: NWMLS
Mls ID: #2470222