7610 Summitview Ave #11YakimaWA98908
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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 Yakima at 7610 Summitview Ave #11, Yakima, WA, 98908 generates $1,530/mo in rent and, after a $1,067/mo payment, leaves $220/mo in cash flow. Total monthly income is $1,530/mo, and annual cash flow is $2,635/yr on $72,267 invested. Return on cash invested sits at 23.55% in year one, and rental yield is 8.42% on a $218,000 entry. Equity gained on principal adds $1,407/yr, while 5% annual appreciation builds toward $60,229 over five years. Five-year ROI reaches 122.19% and total cumulative return in cash sums $88,303. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,530/mo property income rather than buyer’s personal income.
Condo
Built in 1970
2,178 sqft 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
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Listed by: Mallory Huibregtse • RE/MAX, The Collective
Mls Name: YARMLS
Mls ID: #25-1519