280 N June AveEast WenatcheeWA98802
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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
Rental property for sale in East Wenatchee at 280 N June Ave, East Wenatchee, WA, 98802 generates $3,073/mo in rent and, after a $1,811/mo payment, leaves $849/mo in cash flow. Total monthly income is $3,073/mo, and annual cash flow is $10,186/yr on $122,655 invested. Return on cash invested sits at 28.21% in year one, and rental yield is 9.97% on a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,224 over five years. Five-year ROI reaches 147.14% and total cumulative return in cash sums $180,473. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,073/mo property income rather than buyer’s personal income.
Single Family
Built in 1931
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98802, East Wenatchee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,208 (100%) |
| Owner Occupied HU | 9,155 (69.3%) |
| Renter Occupied HU | 3,430 (26.0%) |
| Vacant Housing Units | 623 ( 4.7%) |
| Median Home Value | $485,121 |
| Average Home Value | $521,488 |
Housing Distribution
Address Breakdown
Residential
12,617
Single Family
12,127
Multi-Family
490
Businesses
565
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Listed by: Leann McCamey • Nick McLean Real Estate Group
Mls Name: NWMLS
Mls ID: #2435623