613 N Iler StMoxeeWA98936
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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 Moxee at 613 N Iler St, Moxee, WA, 98936 priced at $405,000 converts $2,734/mo rent into $244/mo cash flow after a $1,982/mo obligation. Total monthly income equals $2,734/mo, and annual cash flow totals $2,933/yr on $134,258 invested. Return on cash invested prints 22.09% in year one, and rental yield reads 8.1% against a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation compiles into $111,894 by year five. Five-year ROI reaches 114.52% and total cumulative return in cash sums $153,746. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,734/mo property income covering a $1,982/mo payment, not borrower’s personal income.
Single Family
Built in 2007
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98936, Moxee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,408 (100%) |
| Owner Occupied HU | 1,824 (75.7%) |
| Renter Occupied HU | 508 (21.1%) |
| Vacant Housing Units | 76 ( 3.2%) |
| Median Home Value | $411,033 |
| Average Home Value | $421,491 |
Housing Distribution
Address Breakdown
Residential
1,970
Single Family
1,970
Multi-Family
0
Businesses
117
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Listed by: Teauna Holden • John L Scott Yakima
Mls Name: YARMLS
Mls Provider:
Mls ID: #25-1290
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.