218 2nd StKlickitatWA98628
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 218 2nd St, Klickitat, WA, 98628 in Klickitat worth study. Rental yield 2.69%. The 2.69% gross yield is below cash-flow benchmarks at $749,000, but 5% annual appreciation, adding $206,935 over five years, frames this as a capital growth position. Rent of $1,680/mo partially offsets the $3,368/mo payment. Ziffy Mortgage finances appreciation-play properties (0.50 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $101,832.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.7% | 6.2% |
| Monthly Cash Flow | $(2,822) | $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 | $1,680 |
| Total Monthly Debt Service | $4,204 |
| DSCR Ratio | 0.40x |
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.
Multi Family
Built in 1935
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98628, Klickitat, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 82 (100%) |
| Owner Occupied HU | 61 (74.4%) |
| Renter Occupied HU | 8 ( 9.8%) |
| Vacant Housing Units | 13 (15.9%) |
| Median Home Value | $610,714 |
| Average Home Value | $628,893 |
Housing Distribution
Address Breakdown
Residential
9
Single Family
1
Multi-Family
8
Businesses
8
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
Multi Family
Built in 1935
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98628, Klickitat, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 82 (100%) |
| Owner Occupied HU | 61 (74.4%) |
| Renter Occupied HU | 8 ( 9.8%) |
| Vacant Housing Units | 13 (15.9%) |
| Median Home Value | $610,714 |
| Average Home Value | $628,893 |
Housing Distribution
Address Breakdown
Residential
9
Single Family
1
Multi-Family
8
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RMLS (OR)
Mls ID: #700217568