70 Majestic Heights DriveEllensburgWA98926
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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 Ellensburg at 70 Majestic Heights Drive, Ellensburg, WA, 98926 priced at $1,050,000 converts $4,045/mo rent into after a $5,139/mo obligation. Total monthly income equals $4,045/mo. Return on cash invested prints 12.38% in year one, and rental yield reads 4.62% against a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation compiles into $290,096 by year five. Five-year ROI reaches 62.11% and total cumulative return in cash sums $211,301. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,045/mo property income covering a $5,139/mo payment, not borrower’s personal income.
Single Family
Built in 2005
3 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: Gina Styler • BHHS Brick & Mortar RE
Mls Name: NWMLS
Mls ID: #2409214