6119 Summitview Ave APT 1YakimaWA98908
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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 Yakima at 6119 Summitview Ave APT 1, Yakima, WA, 98908 earns from $1,849/mo rent with a $1,664/mo payment. Total monthly income totals $1,849/mo. ROI tracks 17.83% on current figures, and rental yield reads 6.53% at a $340,000 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 over five years. Five-year ROI reaches 91.47% and total cumulative return in cash sums $103,098. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,849/mo property income instead of your personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98908, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,296 (100%) |
| Owner Occupied HU | 11,136 (68.3%) |
| Renter Occupied HU | 4,562 (28.0%) |
| Vacant Housing Units | 598 ( 3.7%) |
| Median Home Value | $442,459 |
| Average Home Value | $482,566 |
Housing Distribution
Address Breakdown
Residential
16,263
Single Family
15,319
Multi-Family
944
Businesses
615
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Listed by: Weldon Schademan • Keller Williams Yakima Valley
Mls Name: YARMLS
Mls Provider:
Mls ID: #25-1881
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.