211 Riverfront DriveCashmereWA98815
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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 Cashmere at 211 Riverfront Drive, Cashmere, WA, 98815 offers a 6.61% rental yield on a $499,000 purchase with $2,747/mo rent. 08% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 92.79% and total cumulative return in cash at $153,498. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,747/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98815, Cashmere, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,301 (100%) |
| Owner Occupied HU | 2,125 (64.4%) |
| Renter Occupied HU | 961 (29.1%) |
| Vacant Housing Units | 215 ( 6.5%) |
| Median Home Value | $563,958 |
| Average Home Value | $607,482 |
Housing Distribution
Address Breakdown
Residential
2,712
Single Family
2,611
Multi-Family
101
Businesses
277
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Listed by: Kristi Stickles • KW Frontline
Mls Name: NWMLS
Mls ID: #2456795