315 Penny AveNachesWA98937
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Naches at 315 Penny Ave, Naches, WA, 98937 priced at $285,000 converts $1,820/mo rent into $107/mo cash flow after a $1,395/mo obligation. Total monthly income equals $1,820/mo, and annual cash flow totals $1,281/yr on $94,478 invested. Return on cash invested prints 21.26% in year one, and rental yield reads 7.66% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 109.89% and total cumulative return in cash sums $103,818. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,820/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98937, Naches, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,261 (100%) |
| Owner Occupied HU | 1,254 (55.5%) |
| Renter Occupied HU | 408 (18.0%) |
| Vacant Housing Units | 599 (26.5%) |
| Median Home Value | $434,008 |
| Average Home Value | $484,171 |
Housing Distribution
Address Breakdown
Residential
1,459
Single Family
1,459
Multi-Family
0
Businesses
128
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Listed by: Lori J Fisk • RE/MAX, The Collective
Mls Name: YARMLS
Mls ID: #25-2047