585 S Perry AvenueEast 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
Investment property for sale in East Wenatchee at 585 S Perry Avenue, East Wenatchee, WA, 98802 listed at $697,000 pairs $4,254/mo rent with a $3,411/mo payment to leave $65/mo cash flow. Total monthly income runs $4,254/mo, and annual cash flow reaches $776/yr on $229,313 cash to close. Return on cash invested measures 20.4% in year one, and rental yield registers 7.32% at a $697,000 basis. Equity gained on principal adds $4,498/yr, and annual property appreciation at 5% supports $192,568 by year five. Five-year ROI tracks 105.2% and total cumulative return in cash totals $241,234. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,254/mo property income relative to a $3,411/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5,370 sqft 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: Kimberly Miller • Nick McLean Real Estate Group
Mls Name: NWMLS
Mls ID: #2429963