970 W Garfield AvenueSouth Cle ElumWA98943
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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 South Cle Elum at 970 W Garfield Avenue, South Cle Elum, WA, 98943 generates $2,128/mo in rent, after a $2,344/mo payment. Total monthly income is $2,128/mo. Return on cash invested sits at 14.23% in year one, and rental yield is 5.33% on a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 72.2% and total cumulative return in cash sums $114,639. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,128/mo property income rather than buyer’s personal income.
Manufactured
Built in 1974
3.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98943, South Cle Elum, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 231 (100%) |
| Owner Occupied HU | 169 (73.2%) |
| Renter Occupied HU | 50 (21.6%) |
| Vacant Housing Units | 12 ( 5.2%) |
| Median Home Value | $659,226 |
| Average Home Value | $753,698 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
38
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Listed by: Robin Laskody • Epique Realty
Mls Name: NWMLS
Mls ID: #2336190