720 Ghormley RdYakimaWA98908
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Yakima at 720 Ghormley Rd, Yakima, WA, 98908 offers $3,170/mo rent that, after a $3,456/mo payment. Total monthly income is $3,170/mo. Return on cash invested measures 14.51% in year one, and rental yield stands at 5.39% at a $706,000 entry. Equity gained on principal adds $4,556/yr while 5% annual appreciation compounds into $195,055 by year five. Five-year ROI records 73.63% and total cumulative return in cash reaches $171,015. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,170/mo property income versus a $3,456/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
8.91 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lars Hanson • Home Source Of Yakima
Mls Name: YARMLS
Mls ID: #25-2338