2702 N Canal StreetEllensburgWA98926
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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 Ellensburg at 2702 N Canal Street, Ellensburg, WA, 98926 earns $49/mo cash flow from $2,450/mo rent with a $1,955/mo payment. Total monthly income totals $2,450/mo, and annual cash flow totals $587/yr on $132,434 capital. ROI tracks 20.35% on current figures, and rental yield reads 7.36% at a $399,500 purchase. Equity gained on principal adds $2,578/yr, and 5% annual appreciation supports $110,374 over five years. Five-year ROI reaches 104.97% and total cumulative return in cash sums $139,023. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,450/mo property income instead of your personal income.
Single Family
Built in 2005
7,034 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98926, Ellensburg, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,755 (100%) |
| Owner Occupied HU | 8,014 (50.9%) |
| Renter Occupied HU | 6,588 (41.8%) |
| Vacant Housing Units | 1,153 ( 7.3%) |
| Median Home Value | $493,263 |
| Average Home Value | $565,906 |
Housing Distribution
Address Breakdown
Residential
14,353
Single Family
12,924
Multi-Family
1,429
Businesses
1,074
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Listed by: Timothy Melton • eXp Realty
Mls Name: NWMLS
Mls ID: #2455005