701 S 38th Ave APT 11YakimaWA98902
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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 $1,464/mo, and a $1,121/mo payment. Purchase price stands at $229,000, and rental yield measures 7.67% with $1,464/mo rent. Return on cash invested shows 17.75% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 92.34% and total cumulative return in cash records $70,097. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,464/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Condo
Built in 1982
1,050 sqft lot
$N/A/sqft
$224 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98902, Yakima, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,594 (100%) |
| Owner Occupied HU | 9,170 (49.3%) |
| Renter Occupied HU | 8,596 (46.2%) |
| Vacant Housing Units | 828 ( 4.5%) |
| Median Home Value | $280,057 |
| Average Home Value | $319,492 |
Housing Distribution
Address Breakdown
Residential
17,340
Single Family
15,716
Multi-Family
1,624
Businesses
1,522
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Listed by: N/A • N/A
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Mls ID: #N/A