235 N 38th AveYakimaWA98902
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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 Yakima at 235 N 38th Ave, Yakima, WA, 98902 listed at $155,000 pairs $1,438/mo rent with a $759/mo payment to leave $506/mo cash flow. Total monthly income runs $1,438/mo, and annual cash flow reaches $6,071/yr on $51,383 cash to close. Return on cash invested measures 31.72% in year one, and rental yield registers 11.13% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 165.94% and total cumulative return in cash totals $85,264. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,438/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98902, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,594 (100%) |
| Owner Occupied HU | 9,170 (49.3%) |
| Renter Occupied HU | 8,596 (46.2%) |
| Vacant Housing Units | 828 ( 4.5%) |
| Median Home Value | $280,057 |
| Average Home Value | $319,492 |
Housing Distribution
Address Breakdown
Residential
17,340
Single Family
15,716
Multi-Family
1,624
Businesses
1,522
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Listed by: Pamela J Caldwell • Results Realty Group
Mls Name: YARMLS
Mls ID: #25-2279