919 E Johnson AvenueChelanWA98816
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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
Total monthly income runs $1,951/mo, and a $2,668/mo payment. Purchase price stands at $545,000, and rental yield measures 4.3% with $1,951/mo rent. Return on cash invested shows 11.19% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 55.82% and total cumulative return in cash records $100,092. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,951/mo property income covering a $2,668/mo payment rather than investor’s personal income.
Single Family
Built in 1951
4,983 sqft 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: Arturo Zavala • Windermere RE/Lake Chelan
Mls Name: NWMLS
Mls ID: #2470534