406 S Fair AveYakimaWA98901
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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 406 S Fair Ave, Yakima, WA, 98901 with 5% annual appreciation on a $275,000 basis while $2,071/mo rent supports operations. Total monthly income totals $2,071/mo and a $1,346/mo payment preserves $418/mo for cash returns. Annual cash flow comes to $5,015/yr on $91,163 deployed, and return on cash invested reaches 25.41% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 9.04%. Five-year ROI measures 132.11% and total cumulative return in cash totals $120,431.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,071/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
7,840 sqft 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: Drew Harris • John L Scott Yakima
Mls Name: YARMLS
Mls Provider:
Mls ID: #25-810
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.