73 E Shop Avenue #C6ChelanWA98816
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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 Chelan at 73 E Shop Avenue #C6, Chelan, WA, 98816 priced at $250,000 pairs $2,154/mo rent with $651/mo cash flow after a $1,224/mo payment. Total monthly income equals $2,154/mo, and annual cash flow comes to $7,810/yr on $82,875 invested. Return on cash invested is 29.33% in year one, and rental yield stands at 10.34% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 153.13% and total cumulative return in cash reaches $126,910. For financing, Ziffy Mortgage’s DSCR program evaluates $2,154/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98816, Chelan, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,869 (100%) |
| Owner Occupied HU | 2,069 (42.5%) |
| Renter Occupied HU | 902 (18.5%) |
| Vacant Housing Units | 1,898 (39.0%) |
| Median Home Value | $632,368 |
| Average Home Value | $704,685 |
Housing Distribution
Address Breakdown
Residential
2,786
Single Family
2,785
Multi-Family
1
Businesses
411
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Listed by: Jeff T. Latham • Latham Realty Unlimited Inc
Mls Name: NWMLS
Mls ID: #2379237