63 W Mead AveYakimaWA98902
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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 Yakima at 63 W Mead Ave, Yakima, WA, 98902 offers $2,294/mo rent that, after a $1,610/mo payment, leaves $317/mo cash flow. Total monthly income is $2,294/mo, and annual cash flow is $3,799/yr on $109,064 cash. Return on cash invested measures 23.39% in year one, and rental yield stands at 8.37% at a $329,000 entry. Equity gained on principal adds $2,123/yr while 5% annual appreciation compounds into $90,897 by year five. Five-year ROI records 121.28% and total cumulative return in cash reaches $132,273. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,294/mo property income versus a $1,610/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98902, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,594 (100%) |
| Owner Occupied HU | 9,170 (49.3%) |
| Renter Occupied HU | 8,596 (46.2%) |
| Vacant Housing Units | 828 ( 4.5%) |
| Median Home Value | $280,057 |
| Average Home Value | $319,492 |
Housing Distribution
Address Breakdown
Residential
17,340
Single Family
15,716
Multi-Family
1,624
Businesses
1,522
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Listed by: Matthew Duane Montez • John L Scott Yakima
Mls Name: YARMLS
Mls ID: #25-3371