702 S Naches AveWapatoWA98951
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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 Wapato at 702 S Naches Ave, Wapato, WA, 98951 uses $48,051 cash to close to unlock $3,119/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $1,164/mo, and a $709/mo payment keeps the spread at $260/mo. Purchase price stands at $144,950, and rental yield measures 9.64% with $1,164/mo rent. Return on cash invested shows 26.4% in year one, and 5% annual appreciation builds toward $40,047 over five years. Five-year ROI reaches 137.74% and total cumulative return in cash records $66,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,164/mo property income covering a $709/mo payment rather than investor’s personal income.
Single Family
Built in 1915
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98951, Wapato, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 2,351 (60.9%) |
| Renter Occupied HU | 1,329 (34.4%) |
| Vacant Housing Units | 181 ( 4.7%) |
| Median Home Value | $293,793 |
| Average Home Value | $351,168 |
Housing Distribution
Address Breakdown
Residential
3,758
Single Family
3,436
Multi-Family
322
Businesses
224
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Listed by: Conner Doubravsky • Berkshire Hathaway HomeServices Central Washington Real Estate
Mls Name: YARMLS
Mls Provider:
Mls ID: #25-1796
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.