307 Nelson 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
Investment property for sale in Cle Elum at 307 Nelson Lane, Cle Elum, WA, 98922 uses $177,644 cash to close to unlock $841/yr annual cash flow and $70/mo monthly cash flow. Total monthly income runs $3,316/mo, and a $2,643/mo payment keeps the spread at $70/mo. Purchase price stands at $539,950, and rental yield measures 7.37% with $3,316/mo rent. Return on cash invested shows 20.53% in year one, and 5% annual appreciation builds toward $149,178 over five years. Five-year ROI reaches 105.95% and total cumulative return in cash records $188,206. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,316/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Single Family
Built in 2020
7,514 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: Kim Lohnes • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2420423