802 N 40th Ave UNIT 33YakimaWA98908
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 802 N 40th Ave UNIT 33, Yakima, WA, 98908 in Yakima: $2,204/mo in rent, $1,152/mo net, 15.12% gross yield, all on a $175,000 acquisition. The 2.80 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $48,349 in value, and $1,612/yr in principal paydown steadily builds equity. Projected total cumulative return: $140,373.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.1% | 6.2% |
| Monthly Cash Flow | $1,152 | $450 |
City averages based on Yakima market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,204 |
| Total Monthly Debt Service | $982 |
| DSCR Ratio | 2.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1986
N/A 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
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
Manufactured
Built in 1986
N/A 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: Michael Goulart • NEXTMOVE REALTY
Mls Name: YARMLS
Mls ID: #25-2689