2608 S 16th AveYakimaWA98903
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 2608 S 16th Ave, Yakima, WA, 98903 generates $2,006/mo in rent and, after a $1,566/mo payment, leaves $83/mo in cash flow. Total monthly income is $2,006/mo, and annual cash flow is $992/yr on $106,080 invested. Return on cash invested sits at 20.84% in year one, and rental yield is 7.52% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 107.63% and total cumulative return in cash sums $114,171. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,006/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98903, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,490 (100%) |
| Owner Occupied HU | 4,810 (74.1%) |
| Renter Occupied HU | 1,394 (21.5%) |
| Vacant Housing Units | 286 ( 4.4%) |
| Median Home Value | $405,288 |
| Average Home Value | $403,893 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,731
Multi-Family
86
Businesses
744
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Devin Carver • Windermere Real Estate
Mls Name: YARMLS
Mls ID: #26-34