578 Canyon DriveEast WenatcheeWA98802
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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 East Wenatchee at 578 Canyon Drive, East Wenatchee, WA, 98802 priced at $360,000 pairs $2,430/mo rent with $266/mo cash flow after a $1,762/mo payment. Total monthly income equals $2,430/mo, and annual cash flow comes to $3,192/yr on $119,340 invested. Return on cash invested is 22.58% in year one, and rental yield stands at 8.1% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 116.93% and total cumulative return in cash reaches $139,545. For financing, Ziffy Mortgage’s DSCR program evaluates $2,430/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98802, East Wenatchee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,208 (100%) |
| Owner Occupied HU | 9,155 (69.3%) |
| Renter Occupied HU | 3,430 (26.0%) |
| Vacant Housing Units | 623 ( 4.7%) |
| Median Home Value | $485,121 |
| Average Home Value | $521,488 |
Housing Distribution
Address Breakdown
Residential
12,617
Single Family
12,127
Multi-Family
490
Businesses
565
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Listed by: Daleynn Chapman • RE/MAX Advantage
Mls Name: NWMLS
Mls ID: #2420844