481 W Parker Heights RdWapatoWA98951
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
Rental property for sale in Wapato at 481 W Parker Heights Rd, Wapato, WA, 98951 priced at $265,000 pairs $1,694/mo rent with $101/mo cash flow after a $1,297/mo payment. Total monthly income equals $1,694/mo, and annual cash flow comes to $1,213/yr on $87,848 invested. Return on cash invested is 21.29% in year one, and rental yield stands at 7.67% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 110.06% and total cumulative return in cash reaches $96,687. For financing, Ziffy Mortgage’s DSCR program evaluates $1,694/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1977
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98951, Wapato, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 2,351 (60.9%) |
| Renter Occupied HU | 1,329 (34.4%) |
| Vacant Housing Units | 181 ( 4.7%) |
| Median Home Value | $293,793 |
| Average Home Value | $351,168 |
Housing Distribution
Address Breakdown
Residential
3,758
Single Family
3,436
Multi-Family
322
Businesses
224
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Listed by: Miguel Cervantes • Yakima-CW Real Estate, LLC
Mls Name: YARMLS
Mls ID: #25-2832