3503 Terrace Heights DrYakimaWA98901
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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 Yakima at 3503 Terrace Heights Dr, Yakima, WA, 98901 listed at $365,000 pairs $2,609/mo rent with a $1,786/mo payment to leave $415/mo cash flow. Total monthly income runs $2,609/mo, and annual cash flow reaches $4,985/yr on $120,998 cash to close. Return on cash invested measures 24.03% in year one, and rental yield registers 8.58% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 124.72% and total cumulative return in cash totals $150,907. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,609/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98901, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,269 (100%) |
| Owner Occupied HU | 6,074 (49.5%) |
| Renter Occupied HU | 5,462 (44.5%) |
| Vacant Housing Units | 733 ( 6.0%) |
| Median Home Value | $350,909 |
| Average Home Value | $388,122 |
Housing Distribution
Address Breakdown
Residential
11,624
Single Family
9,986
Multi-Family
1,638
Businesses
985
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Listed by: Mayra A. Nulph • Berkshire Hathaway HomeServices Central Washington Real Estate
Mls Name: YARMLS
Mls ID: #25-2476