2006 Cornell AveYakimaWA98903
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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 Yakima at 2006 Cornell Ave, Yakima, WA, 98903 uses $79,527 cash to close to unlock $3,889/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $1,766/mo, and a $1,174/mo payment keeps the spread at $324/mo. Purchase price stands at $239,900, and rental yield measures 8.83% with $1,766/mo rent. Return on cash invested shows 24.8% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 128.9% and total cumulative return in cash records $102,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,766/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1935
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98903, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,490 (100%) |
| Owner Occupied HU | 4,810 (74.1%) |
| Renter Occupied HU | 1,394 (21.5%) |
| Vacant Housing Units | 286 ( 4.4%) |
| Median Home Value | $405,288 |
| Average Home Value | $403,893 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,731
Multi-Family
86
Businesses
744
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Listed by: Pablo F. Mejia • Yakima-CW Real Estate, LLC
Mls Name: YARMLS
Mls Provider:
Mls ID: #25-2462
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.