203 Columbia RdEphrataWA98823
Nearby investment properties with comparable rents
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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
Rental property for sale in Ephrata at 203 Columbia Rd, Ephrata, WA, 98823 generates $2,497/mo in rent and, after a $1,845/mo payment, leaves $231/mo in cash flow. Total monthly income is $2,497/mo, and annual cash flow is $2,772/yr on $124,976 invested. Return on cash invested sits at 22.13% in year one, and rental yield is 7.95% on a $377,000 entry. Equity gained on principal adds $2,433/yr, while 5% annual appreciation builds toward $104,158 over five years. Five-year ROI reaches 114.53% and total cumulative return in cash sums $143,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,497/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
8,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98823, Ephrata, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,857 (100%) |
| Owner Occupied HU | 3,298 (67.9%) |
| Renter Occupied HU | 1,298 (26.7%) |
| Vacant Housing Units | 261 ( 5.4%) |
| Median Home Value | $350,062 |
| Average Home Value | $374,187 |
Housing Distribution
Address Breakdown
Residential
4,724
Single Family
4,603
Multi-Family
121
Businesses
453
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Listed by: Kay Gossage • BHHS Jessup Real Estate
Mls Name: NWMLS
Mls ID: #2415501