621 Ames RdSelahWA98942
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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 Selah at 621 Ames Rd, Selah, WA, 98942 offers $2,395/mo rent that, after a $1,835/mo payment, leaves $141/mo cash flow. Total monthly income is $2,395/mo, and annual cash flow is $1,695/yr on $124,313 cash. Return on cash invested measures 21.27% in year one, and rental yield stands at 7.66% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 109.94% and total cumulative return in cash reaches $136,671. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,395/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
1.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98942, Selah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,051 (100%) |
| Owner Occupied HU | 5,100 (72.3%) |
| Renter Occupied HU | 1,722 (24.4%) |
| Vacant Housing Units | 229 ( 3.2%) |
| Median Home Value | $432,167 |
| Average Home Value | $486,327 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,602
Multi-Family
320
Businesses
400
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Listed by: Jonathan Ehlers • Berkshire Hathaway HomeServices Central Washington Real Estate
Mls Name: YARMLS
Mls Provider:
Mls ID: #25-1013
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.