3010 W Peninsula Drive #109Moses LakeWA98837
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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 Moses Lake at 3010 W Peninsula Drive #109, Moses Lake, WA, 98837 listed at $104,900 pairs $2,135/mo rent with a $513/mo payment to leave $1,505/mo cash flow. Total monthly income runs $2,135/mo, and annual cash flow reaches $18,058/yr on $34,774 cash to close. Return on cash invested measures 71.84% in year one, and rental yield registers 24.42% at a $104,900 basis. Equity gained on principal adds $677/yr, and annual property appreciation at 5% supports $28,982 by year five. Five-year ROI tracks 381.09% and total cumulative return in cash totals $132,522. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,135/mo property income relative to a $513/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98837, Moses Lake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,399 (100%) |
| Owner Occupied HU | 11,735 (60.5%) |
| Renter Occupied HU | 6,484 (33.4%) |
| Vacant Housing Units | 1,180 ( 6.1%) |
| Median Home Value | $381,410 |
| Average Home Value | $439,001 |
Housing Distribution
Address Breakdown
Residential
18,244
Single Family
17,408
Multi-Family
836
Businesses
1,439
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Listed by: Amanda M. Cruz • Sunset Real Estate
Mls Name: NWMLS
Mls ID: #2357286