308 S RubyEllensburgWA98926
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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 Ellensburg at 308 S Ruby, Ellensburg, WA, 98926 priced at $329,000 pairs $2,426/mo rent with $449/mo cash flow after a $1,610/mo payment. Total monthly income equals $2,426/mo, and annual cash flow comes to $5,383/yr on $109,064 invested. Return on cash invested is 24.85% in year one, and rental yield stands at 8.85% on a $329,000 basis. Equity gained on principal adds $2,123/yr, and 5% annual appreciation accumulates to $90,897 by year five. Five-year ROI measures 129.09% and total cumulative return in cash reaches $140,793. For financing, Ziffy Mortgage’s DSCR program evaluates $2,426/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
5,998 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: Selena Salmon • BHHS Brick & Mortar RE
Mls Name: NWMLS
Mls ID: #2425208