700 N 42nd Ave #AYakimaWA98908
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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 Yakima at 700 N 42nd Ave #A, Yakima, WA, 98908 uses $120,998 cash to close to unlock $329/yr annual cash flow and $27/mo monthly cash flow. Total monthly income runs $2,221/mo, and a $1,786/mo payment keeps the spread at $27/mo. Purchase price stands at $365,000, and rental yield measures 7.3% with $2,221/mo rent. Return on cash invested shows 20.18% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 104.08% and total cumulative return in cash records $125,935. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,221/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Condo
Built in 1987
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98908, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,296 (100%) |
| Owner Occupied HU | 11,136 (68.3%) |
| Renter Occupied HU | 4,562 (28.0%) |
| Vacant Housing Units | 598 ( 3.7%) |
| Median Home Value | $442,459 |
| Average Home Value | $482,566 |
Housing Distribution
Address Breakdown
Residential
16,263
Single Family
15,319
Multi-Family
944
Businesses
615
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Listed by: Lori J Fisk • RE/MAX, The Collective
Mls Name: YARMLS
Mls ID: #25-2251