6390 Cove RoadEllensburgWA98926
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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
Total monthly income runs $2,280/mo, and a $2,834/mo payment. Purchase price stands at $579,000, and rental yield measures 4.73% with $2,280/mo rent. Return on cash invested shows 12.5% in year one, and 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 62.83% and total cumulative return in cash records $119,695. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $2,834/mo payment rather than investor’s personal income.
Single Family
Built in 1940
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98926, Ellensburg, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,755 (100%) |
| Owner Occupied HU | 8,014 (50.9%) |
| Renter Occupied HU | 6,588 (41.8%) |
| Vacant Housing Units | 1,153 ( 7.3%) |
| Median Home Value | $493,263 |
| Average Home Value | $565,906 |
Housing Distribution
Address Breakdown
Residential
14,353
Single Family
12,924
Multi-Family
1,429
Businesses
1,074
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Listed by: Stacey Tutor • Coldwell Banker Central
Mls Name: NWMLS
Mls ID: #2458275