610 N Camas AveWapatoWA98951
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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 Wapato at 610 N Camas Ave, Wapato, WA, 98951 with 5% annual appreciation on a $170,000 basis while $1,281/mo rent supports operations. Total monthly income totals $1,281/mo and a $832/mo payment preserves $241/mo for cash returns. Annual cash flow comes to $2,894/yr on $56,355 deployed, and return on cash invested reaches 25.04% in year one. Equity gained on principal adds $1,097/yr, and five-year appreciation sums $46,968 alongside rental yield of 9.04%. Five-year ROI measures 130.35% and total cumulative return in cash totals $73,461.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,281/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98951, Wapato, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 2,351 (60.9%) |
| Renter Occupied HU | 1,329 (34.4%) |
| Vacant Housing Units | 181 ( 4.7%) |
| Median Home Value | $293,793 |
| Average Home Value | $351,168 |
Housing Distribution
Address Breakdown
Residential
3,758
Single Family
3,436
Multi-Family
322
Businesses
224
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