816 S Chelan AveWenatcheeWA98801
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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 Wenatchee at 816 S Chelan Ave, Wenatchee, WA, 98801 priced at $288,328 converts $3,166/mo rent into $1,423/mo cash flow after a $1,411/mo obligation. Total monthly income equals $3,166/mo, and annual cash flow totals $17,072/yr on $95,581 invested. Return on cash invested prints 37.77% in year one, and rental yield reads 13.18% against a $288,328 entry. Equity gained on principal adds $1,861/yr, while 5% annual appreciation compiles into $79,660 by year five. Five-year ROI reaches 198.44% and total cumulative return in cash sums $189,667. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,166/mo property income covering a $1,411/mo payment, not borrower’s personal income.
Single Family
Built in 1943
7,475 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98801, Wenatchee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,136 (100%) |
| Owner Occupied HU | 11,082 (57.9%) |
| Renter Occupied HU | 7,007 (36.6%) |
| Vacant Housing Units | 1,047 ( 5.5%) |
| Median Home Value | $490,431 |
| Average Home Value | $526,398 |
Housing Distribution
Address Breakdown
Residential
17,929
Single Family
15,907
Multi-Family
2,022
Businesses
1,666
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