580 Canyon DriveEast WenatcheeWA98802
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 East Wenatchee at 580 Canyon Drive, East Wenatchee, WA, 98802 listed at $336,500 pairs $2,373/mo rent with a $1,647/mo payment to leave $350/mo cash flow. Total monthly income runs $2,373/mo, and annual cash flow reaches $4,203/yr on $111,550 cash to close. Return on cash invested measures 23.68% in year one, and rental yield registers 8.46% at a $336,500 basis. Equity gained on principal adds $2,171/yr, and annual property appreciation at 5% supports $92,969 by year five. Five-year ROI tracks 122.84% and total cumulative return in cash totals $137,027. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,373/mo property income relative to a $1,647/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephen L. Bishop • Premier One Properties
Mls Name: NWMLS
Mls Provider:
Mls ID: #2387869
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-29 21:39:14 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)