302 E Washington AvenueEllensburgWA98926
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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 Ellensburg at 302 E Washington Avenue, Ellensburg, WA, 98926 at $389,000 posts ROI 17.88% with from $2,120/mo rent. Total monthly income equals $2,120/mo. Return on cash invested measures 17.88% and rental yield reads 6.54% at the current $389,000. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 by year five. Five-year ROI prints 91.71% and total cumulative return in cash totals $118,266. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,120/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
2,761 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98926, Ellensburg, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,755 (100%) |
| Owner Occupied HU | 8,014 (50.9%) |
| Renter Occupied HU | 6,588 (41.8%) |
| Vacant Housing Units | 1,153 ( 7.3%) |
| Median Home Value | $493,263 |
| Average Home Value | $565,906 |
Housing Distribution
Address Breakdown
Residential
14,353
Single Family
12,924
Multi-Family
1,429
Businesses
1,074
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Listed by: Toby Williams • RE/MAX Community One Realty
Mls Name: NWMLS
Mls ID: #2450882