511 Columbia StParkerWA98939
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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 Parker at 511 Columbia St, Parker, WA, 98939 priced at $160,000 converts $1,459/mo rent into $497/mo cash flow after a $783/mo obligation. Total monthly income equals $1,459/mo, and annual cash flow totals $5,968/yr on $53,040 invested. Return on cash invested prints 31.16% in year one, and rental yield reads 10.94% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 163.01% and total cumulative return in cash sums $86,462. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,459/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1930
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98939, Parker, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 46 (100%) |
| Owner Occupied HU | 27 (58.7%) |
| Renter Occupied HU | 18 (39.1%) |
| Vacant Housing Units | 1 ( 2.2%) |
| Median Home Value | $417,857 |
| Average Home Value | $365,185 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
8
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Listed by: Alejandro(Alex) Haro • Professional Realty Services Yakima,Inc
Mls Name: YARMLS
Mls ID: #25-3401