2840 Mikayla LaneEast WenatcheeWA98802
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 East Wenatchee at 2840 Mikayla Lane, East Wenatchee, WA, 98802 priced at $1,635,000 pairs $4,254/mo rent with after a $8,003/mo payment. Total monthly income equals $4,254/mo. Return on cash invested is 6.78% in year one, and rental yield stands at 3.12% on a $1,635,000 basis. Equity gained on principal adds $10,550/yr, and 5% annual appreciation accumulates to $451,720 by year five. Five-year ROI measures 32.45% and total cumulative return in cash reaches $171,888. For financing, Ziffy Mortgage’s DSCR program evaluates $4,254/mo property income against a $8,003/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
10,018 sqft lot
$N/A/sqft
$425 monthly 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: Lane C Etheridge • Alpine Group
Mls Name: NWMLS
Mls Provider:
Mls ID: #2361379
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)