845 N Devon AvenueEast WenatcheeWA98802
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
Investment Highlights
Investment property for sale in East Wenatchee at 845 N Devon Avenue, East Wenatchee, WA, 98802 uses $148,844 cash to close to unlock $2,527/yr annual cash flow and $211/mo monthly cash flow. Total monthly income runs $2,910/mo, and a $2,198/mo payment keeps the spread at $211/mo. Purchase price stands at $449,000, and rental yield measures 7.78% with $2,910/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 111.71% and total cumulative return in cash records $166,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,910/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98802, East Wenatchee, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,208 (100%) |
| Owner Occupied HU | 9,155 (69.3%) |
| Renter Occupied HU | 3,430 (26.0%) |
| Vacant Housing Units | 623 ( 4.7%) |
| Median Home Value | $485,121 |
| Average Home Value | $521,488 |
Housing Distribution
Address Breakdown
Residential
12,617
Single Family
12,127
Multi-Family
490
Businesses
565
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: William E. Johnson • William E. Johnson
Mls Name: NWMLS
Mls ID: #2443610