7 Hamilton AvenueEast 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
Rental property for sale in East Wenatchee at 7 Hamilton Avenue, East Wenatchee, WA, 98802 priced at $305,000 converts $2,394/mo rent into $560/mo cash flow after a $1,493/mo obligation. Total monthly income equals $2,394/mo, and annual cash flow totals $6,725/yr on $101,108 invested. Return on cash invested prints 26.56% in year one, and rental yield reads 9.42% against a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation compiles into $84,266 by year five. Five-year ROI reaches 138.3% and total cumulative return in cash sums $139,834. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,394/mo property income covering a $1,493/mo payment, not borrower’s personal income.
Single Family
Built in 1930
5,227 sqft 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: Blanca Luna • KW NCW
Mls Name: NWMLS
Mls ID: #2425829