204 E StreetEphrataWA98823
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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 204 E Street, Ephrata, WA, 98823 offers $2,149/mo rent that, after a $1,395/mo payment, leaves $436/mo cash flow. Total monthly income is $2,149/mo, and annual cash flow is $5,229/yr on $94,478 cash. Return on cash invested measures 25.44% in year one, and rental yield stands at 9.05% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 132.29% and total cumulative return in cash reaches $124,986. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,149/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,455 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: William E. Johnson • William E. Johnson
Mls Name: NWMLS
Mls ID: #2475020