770 Lancaster RoadSelahWA98942
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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 Selah at 770 Lancaster Road, Selah, WA, 98942 listed at $519,500 pairs $2,668/mo rent with a $2,543/mo payment. Total monthly income runs $2,668/mo. Return on cash invested measures 16.86% in year one, and rental yield registers 6.16% at a $519,500 basis. Equity gained on principal adds $3,352/yr, and annual property appreciation at 5% supports $143,528 by year five. Five-year ROI tracks 86.24% and total cumulative return in cash totals $147,406. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,668/mo property income relative to a $2,543/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
2.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98942, Selah, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,051 (100%) |
| Owner Occupied HU | 5,100 (72.3%) |
| Renter Occupied HU | 1,722 (24.4%) |
| Vacant Housing Units | 229 ( 3.2%) |
| Median Home Value | $432,167 |
| Average Home Value | $486,327 |
Housing Distribution
Address Breakdown
Residential
6,922
Single Family
6,602
Multi-Family
320
Businesses
400
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Listed by: Brenda Sweet • RE/MAX Elite
Mls Name: NWMLS
Mls ID: #2427350