2908 S 42nd AveYakimaWA98903
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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 Yakima at 2908 S 42nd Ave, Yakima, WA, 98903 offers a 8.69% rental yield on a $325,000 purchase with $2,354/mo rent. Total monthly income registers $2,354/mo, and a $1,591/mo payment leaves $400/mo available for distribution. Annual cash flow reaches $4,801/yr on $107,738 to close, and return on cash invested stands at 24.37% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 126.54% and total cumulative return in cash at $136,333. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,354/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
1.98 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
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Listed by: Pamela J Caldwell • Results Realty Group
Mls Name: YARMLS
Mls Provider:
Mls ID: #25-1429
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.