303 Frankie LaneCle ElumWA98922
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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 Cle Elum at 303 Frankie Lane, Cle Elum, WA, 98922 priced at $559,000 converts $3,023/mo rent into after a $2,736/mo obligation. Total monthly income equals $3,023/mo. Return on cash invested prints 17.86% in year one, and rental yield reads 6.49% against a $559,000 entry. Equity gained on principal adds $3,607/yr, while 5% annual appreciation compiles into $154,441 by year five. Five-year ROI reaches 91.59% and total cumulative return in cash sums $168,435. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,023/mo property income covering a $2,736/mo payment, not borrower’s personal income.
Single Family
Built in 2018
5,919 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98922, Cle Elum, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,345 (100%) |
| Owner Occupied HU | 2,945 (46.4%) |
| Renter Occupied HU | 647 (10.2%) |
| Vacant Housing Units | 2,753 (43.4%) |
| Median Home Value | $715,221 |
| Average Home Value | $803,774 |
Housing Distribution
Address Breakdown
Residential
3,907
Single Family
3,816
Multi-Family
91
Businesses
340
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Listed by: Colton Riblett • Tamarack Home Group, LLC
Mls Name: NWMLS
Mls ID: #2458483