40 Salmon DriveWenatcheeWA98801
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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 Wenatchee at 40 Salmon Drive, Wenatchee, WA, 98801 offers $1,378/mo rent that, after a $2,447/mo payment. Total monthly income is $1,378/mo. Return on cash invested measures 8.13% in year one, and rental yield stands at 3.31% at a $499,900 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,113 by year five. Five-year ROI records 39.41% and total cumulative return in cash reaches $65,316. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,378/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98801, Wenatchee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,136 (100%) |
| Owner Occupied HU | 11,082 (57.9%) |
| Renter Occupied HU | 7,007 (36.6%) |
| Vacant Housing Units | 1,047 ( 5.5%) |
| Median Home Value | $490,431 |
| Average Home Value | $526,398 |
Housing Distribution
Address Breakdown
Residential
17,929
Single Family
15,907
Multi-Family
2,022
Businesses
1,666
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Listed by: Scott Thompson • Premier One Properties
Mls Name: NWMLS
Mls ID: #2412210