571 Richards RoadCle ElumWA98922
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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 Cle Elum at 571 Richards Road, Cle Elum, WA, 98922 priced at $1,750,000 converts $5,290/mo rent into after a $8,565/mo obligation. Total monthly income equals $5,290/mo. Return on cash invested prints 9.3% in year one, and rental yield reads 3.63% against a $1,750,000 entry. Equity gained on principal adds $11,292/yr, while 5% annual appreciation compiles into $483,493 by year five. Five-year ROI reaches 45.62% and total cumulative return in cash sums $258,693. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,290/mo property income covering a $8,565/mo payment, not borrower’s personal income.
Single Family
Built in 2022
3.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98922, Cle Elum, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,345 (100%) |
| Owner Occupied HU | 2,945 (46.4%) |
| Renter Occupied HU | 647 (10.2%) |
| Vacant Housing Units | 2,753 (43.4%) |
| Median Home Value | $715,221 |
| Average Home Value | $803,774 |
Housing Distribution
Address Breakdown
Residential
3,907
Single Family
3,816
Multi-Family
91
Businesses
340
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Listed by: Dan M Drew • Heaton Dainard, LLC
Mls Name: NWMLS
Mls ID: #2440494