2113 S 61st AveYakimaWA98903
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2113 S 61st Ave, Yakima, WA, 98903 in Yakima speaks for itself: 10.38% gross on a $220,000 price, generating $1,903/mo in rent and $581/mo in net income after the $989/mo debt service. DSCR 1.92, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,969 stacks alongside $60,782 in projected five-year appreciation and $2,026/yr in principal reduction. Projected total cumulative return: $120,674.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $581 | $450 |
City averages based on Yakima market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,903 |
| Total Monthly Debt Service | $1,235 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2005
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2005
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices