271 Chestnut StreetChelan FallsWA98817
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
Investment property for sale in Chelan Falls at 271 Chestnut Street, Chelan Falls, WA, 98817 uses $81,218 cash to close to unlock $3,905/yr annual cash flow and $325/mo monthly cash flow. Total monthly income runs $1,798/mo, and a $1,199/mo payment keeps the spread at $325/mo. Purchase price stands at $245,000, and rental yield measures 8.81% with $1,798/mo rent. Return on cash invested shows 24.72% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 128.41% and total cumulative return in cash records $104,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,798/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Manufactured
Built in 1980
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98817, Chelan Falls, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 140 (100%) |
| Owner Occupied HU | 75 (53.6%) |
| Renter Occupied HU | 33 (23.6%) |
| Vacant Housing Units | 32 (22.9%) |
| Median Home Value | $753,289 |
| Average Home Value | $653,833 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Collins • Windermere RE/Lk Chelan Midtwn
Mls Name: NWMLS
Mls ID: #2449275