7750 S Lakeshore Road #34ChelanWA98816
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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 Chelan at 7750 S Lakeshore Road #34, Chelan, WA, 98816 listed at $234,900 pairs $1,898/mo rent with a $1,150/mo payment to leave $486/mo cash flow. Total monthly income runs $1,898/mo, and annual cash flow reaches $5,828/yr on $77,869 cash to close. Return on cash invested measures 27.39% in year one, and rental yield registers 9.7% at a $234,900 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,899 by year five. Five-year ROI tracks 142.74% and total cumulative return in cash totals $111,153. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,898/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1976
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: Heidi S. Favor • Premier One Properties
Mls Name: NWMLS
Mls ID: #2428477