350 Johnson Place NEEast WenatcheeWA98802
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
Investment property for sale in East Wenatchee at 350 Johnson Place NE, East Wenatchee, WA, 98802 at $419,000 posts ROI 24.01% with $475/mo cash flow from $2,994/mo rent. Total monthly income equals $2,994/mo, and annual cash flow records $5,701/yr on $138,899 to close. Return on cash invested measures 24.01% and rental yield reads 8.57% at the current $419,000. Equity gained on principal adds $2,704/yr, and 5% annual appreciation supports $115,762 by year five. Five-year ROI prints 124.65% and total cumulative return in cash totals $173,141.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,994/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98802, East Wenatchee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,208 (100%) |
| Owner Occupied HU | 9,155 (69.3%) |
| Renter Occupied HU | 3,430 (26.0%) |
| Vacant Housing Units | 623 ( 4.7%) |
| Median Home Value | $485,121 |
| Average Home Value | $521,488 |
Housing Distribution
Address Breakdown
Residential
12,617
Single Family
12,127
Multi-Family
490
Businesses
565
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Listed by: Diana Batson • John L. Scott Wenatchee
Mls Name: NWMLS
Mls ID: #2424000