232 Solomon Loop NWEast WenatcheeWA98802
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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 East Wenatchee at 232 Solomon Loop NW, East Wenatchee, WA, 98802 with 5% annual appreciation on a $625,000 basis while $3,624/mo rent supports operations. 28% in year one. Equity gained on principal adds $4,033/yr, and five-year appreciation sums $172,676 alongside rental yield of 6.96%. Five-year ROI measures 99.25% and total cumulative return in cash totals $204,073. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,624/mo property income versus a $3,059/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98802, East Wenatchee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,208 (100%) |
| Owner Occupied HU | 9,155 (69.3%) |
| Renter Occupied HU | 3,430 (26.0%) |
| Vacant Housing Units | 623 ( 4.7%) |
| Median Home Value | $485,121 |
| Average Home Value | $521,488 |
Housing Distribution
Address Breakdown
Residential
12,617
Single Family
12,127
Multi-Family
490
Businesses
565
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Listed by: Harlee Cooper • Windermere Real Estate/NCW
Mls Name: NWMLS
Mls ID: #2426941