51 Phoebe Lane #10MansonWA98831
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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
Rental property for sale in Manson at 51 Phoebe Lane #10, Manson, WA, 98831 generates $1,800/mo in rent, after a $2,325/mo payment. Total monthly income is $1,800/mo. Return on cash invested sits at 11.87% in year one, and rental yield is 4.55% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 59.49% and total cumulative return in cash sums $93,667. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,800/mo property income rather than buyer’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98831, Manson, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,378 (100%) |
| Owner Occupied HU | 1,116 (46.9%) |
| Renter Occupied HU | 427 (18.0%) |
| Vacant Housing Units | 835 (35.1%) |
| Median Home Value | $802,743 |
| Average Home Value | $965,636 |
Housing Distribution
Address Breakdown
Residential
1,215
Single Family
1,215
Multi-Family
0
Businesses
96
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Listed by: Lukas Sztab • Windermere RE/Lake Chelan
Mls Name: NWMLS
Mls ID: #2424574