405 Outfitter (Lot 7) PlaceCle ElumWA98922
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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
Total monthly income runs $2,400/mo, and a $4,307/mo payment. Purchase price stands at $879,999, and rental yield measures 3.27% with $2,400/mo rent. Return on cash invested shows 8.08% in year one, and 5% annual appreciation builds toward $243,128 over five years. Five-year ROI reaches 39.16% and total cumulative return in cash records $113,384. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $4,307/mo payment rather than investor’s personal income.
Single Family
Built in 2025
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98922, Cle Elum, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,345 (100%) |
| Owner Occupied HU | 2,945 (46.4%) |
| Renter Occupied HU | 647 (10.2%) |
| Vacant Housing Units | 2,753 (43.4%) |
| Median Home Value | $715,221 |
| Average Home Value | $803,774 |
Housing Distribution
Address Breakdown
Residential
3,907
Single Family
3,816
Multi-Family
91
Businesses
340
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Listed by: Nicolle Curley • Engel & Voelkers Mercer Island
Mls Name: NWMLS
Mls ID: #2459285