403 Hilltop DriveEphrataWA98823
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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 Ephrata at 403 Hilltop Drive, Ephrata, WA, 98823 priced at $365,000 pairs $1,705/mo rent with after a $1,786/mo payment. Total monthly income equals $1,705/mo. Return on cash invested is 15.06% in year one, and rental yield stands at 5.61% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 76.64% and total cumulative return in cash reaches $92,731. For financing, Ziffy Mortgage’s DSCR program evaluates $1,705/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2006
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98823, Ephrata, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,857 (100%) |
| Owner Occupied HU | 3,298 (67.9%) |
| Renter Occupied HU | 1,298 (26.7%) |
| Vacant Housing Units | 261 ( 5.4%) |
| Median Home Value | $350,062 |
| Average Home Value | $374,187 |
Housing Distribution
Address Breakdown
Residential
4,724
Single Family
4,603
Multi-Family
121
Businesses
453
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Listed by: Kristine Hall • Nest Realty Company
Mls Name: NWMLS
Mls ID: #2419227