415 N 24th AveYakimaWA98902
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 415 N 24th Ave, Yakima, WA, 98902 uses $72,599 cash to close to unlock $4,049/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $1,654/mo, and a $1,072/mo payment keeps the spread at $337/mo. Purchase price stands at $219,000, and rental yield measures 9.06% with $1,654/mo rent. Return on cash invested shows 25.49% in year one, and 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 132.56% and total cumulative return in cash records $96,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,654/mo property income covering a $1,072/mo payment rather than investor’s personal income.
Single Family
Built in 1945
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98902, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,594 (100%) |
| Owner Occupied HU | 9,170 (49.3%) |
| Renter Occupied HU | 8,596 (46.2%) |
| Vacant Housing Units | 828 ( 4.5%) |
| Median Home Value | $280,057 |
| Average Home Value | $319,492 |
Housing Distribution
Address Breakdown
Residential
17,340
Single Family
15,716
Multi-Family
1,624
Businesses
1,522
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lars Hanson • Home Source Of Yakima
Mls Name: YARMLS
Mls ID: #25-2364