215 S 3rd StSelahWA98942
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingInvestors approaching the U.S. market with capital-preservation in mind will find 215 S 3rd St, Selah, WA, 98942 in Selah aligned with their strategy. Rental yield 6.65%. DSCR 1.23 and 6.65% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $3,629/yr in paydown build toward a projected cumulative return of $137,179.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 6.2% |
| Monthly Cash Flow | $(186) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,183 |
| Total Monthly Debt Service | $2,212 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1955
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98942, Selah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,051 (100%) |
| Owner Occupied HU | 5,100 (72.3%) |
| Renter Occupied HU | 1,722 (24.4%) |
| Vacant Housing Units | 229 ( 3.2%) |
| Median Home Value | $432,167 |
| Average Home Value | $486,327 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,602
Multi-Family
320
Businesses
400
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
Single Family
Built in 1955
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98942, Selah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,051 (100%) |
| Owner Occupied HU | 5,100 (72.3%) |
| Renter Occupied HU | 1,722 (24.4%) |
| Vacant Housing Units | 229 ( 3.2%) |
| Median Home Value | $432,167 |
| Average Home Value | $486,327 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,602
Multi-Family
320
Businesses
400
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joanne Helms • Fathom Realty WA, LLC
Mls Name: Yakima
Mls Provider:
Mls ID: #26-481
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.