203 N Walnut StreetEllensburgWA98926
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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 Ellensburg at 203 N Walnut Street, Ellensburg, WA, 98926 priced at $389,000 pairs $2,844/mo rent with $506/mo cash flow after a $1,904/mo payment. Total monthly income equals $2,844/mo, and annual cash flow comes to $6,067/yr on $128,954 invested. Return on cash invested is 24.61% in year one, and rental yield stands at 8.77% on a $389,000 basis. Equity gained on principal adds $2,510/yr, and 5% annual appreciation accumulates to $107,474 by year five. Five-year ROI measures 127.86% and total cumulative return in cash reaches $164,874. For financing, Ziffy Mortgage’s DSCR program evaluates $2,844/mo property income against a $1,904/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98926, Ellensburg, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,755 (100%) |
| Owner Occupied HU | 8,014 (50.9%) |
| Renter Occupied HU | 6,588 (41.8%) |
| Vacant Housing Units | 1,153 ( 7.3%) |
| Median Home Value | $493,263 |
| Average Home Value | $565,906 |
Housing Distribution
Address Breakdown
Residential
14,353
Single Family
12,924
Multi-Family
1,429
Businesses
1,074
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Listed by: Judy K. Jacobs • RE/MAX Community One Realty
Mls Name: NWMLS
Mls ID: #2443781