709 S Satus 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
Rental property for sale in Wapato at 709 S Satus Ave, Wapato, WA, 98951 priced at $295,000 converts $1,928/mo rent into $155/mo cash flow after a $1,444/mo obligation. Total monthly income equals $1,928/mo, and annual cash flow totals $1,855/yr on $97,793 invested. Return on cash invested prints 21.81% in year one, and rental yield reads 7.84% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 112.78% and total cumulative return in cash sums $110,294. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,928/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Manufactured
Built in 1998
6,098 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: Erik Soto • eXp Realty LLC Kennewick
Mls Name: YARMLS
Mls ID: #25-3072