68 24th Street NEEast WenatcheeWA98802
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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 East Wenatchee at 68 24th Street NE, East Wenatchee, WA, 98802 uses $139,197 cash to close to unlock $2,245/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $2,711/mo, and a $2,055/mo payment keeps the spread at $187/mo. Purchase price stands at $419,900, and rental yield measures 7.75% with $2,711/mo rent. Return on cash invested shows 21.52% in year one, and 5% annual appreciation builds toward $116,011 over five years. Five-year ROI reaches 111.29% and total cumulative return in cash records $154,908. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,711/mo property income covering a $2,055/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98802, East Wenatchee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,208 (100%) |
| Owner Occupied HU | 9,155 (69.3%) |
| Renter Occupied HU | 3,430 (26.0%) |
| Vacant Housing Units | 623 ( 4.7%) |
| Median Home Value | $485,121 |
| Average Home Value | $521,488 |
Housing Distribution
Address Breakdown
Residential
12,617
Single Family
12,127
Multi-Family
490
Businesses
565
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Listed by: Stephen L. Bishop • Premier One Properties
Mls Name: NWMLS
Mls ID: #2432645