420 W Manson Road #8ChelanWA98816
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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 Chelan at 420 W Manson Road #8, Chelan, WA, 98816 earns from $1,732/mo rent with a $1,811/mo payment. Total monthly income totals $1,732/mo. ROI tracks 15.09% on current figures, and rental yield reads 5.62% at a $370,000 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 76.79% and total cumulative return in cash sums $94,181. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,732/mo property income instead of your personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98816, Chelan, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,869 (100%) |
| Owner Occupied HU | 2,069 (42.5%) |
| Renter Occupied HU | 902 (18.5%) |
| Vacant Housing Units | 1,898 (39.0%) |
| Median Home Value | $632,368 |
| Average Home Value | $704,685 |
Housing Distribution
Address Breakdown
Residential
2,786
Single Family
2,785
Multi-Family
1
Businesses
411
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Listed by: Guy Evans • Guy Evans Lake Chelan Real Est
Mls Name: NWMLS
Mls ID: #2421788