246 Latigo LnYakimaWA98901
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
Investment Highlights
Rental property for sale in Yakima at 246 Latigo Ln, Yakima, WA, 98901 offers $1,960/mo rent that, after a $1,904/mo payment. Total monthly income is $1,960/mo. Return on cash invested measures 16.39% in year one, and rental yield stands at 6.05% at a $389,000 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,474 by year five. Five-year ROI records 83.74% and total cumulative return in cash reaches $107,982. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,960/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
4.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98901, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,269 (100%) |
| Owner Occupied HU | 6,074 (49.5%) |
| Renter Occupied HU | 5,462 (44.5%) |
| Vacant Housing Units | 733 ( 6.0%) |
| Median Home Value | $350,909 |
| Average Home Value | $388,122 |
Housing Distribution
Address Breakdown
Residential
11,624
Single Family
9,986
Multi-Family
1,638
Businesses
985
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Listed by: Chris Carlson • John L Scott Yakima
Mls Name: YARMLS
Mls Provider:
Mls ID: #25-1390
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.