500 Richards RdUnion GapWA98903
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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 Union Gap at 500 Richards Rd, Union Gap, WA, 98903 at $170,000 posts ROI 26.75% with $321/mo cash flow from $1,343/mo rent. Total monthly income equals $1,343/mo, and annual cash flow records $3,854/yr on $56,355 to close. Return on cash invested measures 26.75% and rental yield reads 9.48% at the current $170,000. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 by year five. Five-year ROI prints 139.36% and total cumulative return in cash totals $78,537.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,343/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1977
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98903, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,490 (100%) |
| Owner Occupied HU | 4,810 (74.1%) |
| Renter Occupied HU | 1,394 (21.5%) |
| Vacant Housing Units | 286 ( 4.4%) |
| Median Home Value | $405,288 |
| Average Home Value | $403,893 |
Housing Distribution
Address Breakdown
Residential
6,817
Single Family
6,731
Multi-Family
86
Businesses
744
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Listed by: Tyler Van Horn • John L Scott Yakima
Mls Name: YARMLS
Mls ID: #25-1388