970 W Garfield AvenueSouth Cle ElumWA98943
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play970 W Garfield Avenue, South Cle Elum, WA, 98943 in South Cle Elum is priced for appreciation, not yield. Rental yield 5.33%. At $479,000 with a 5.33% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $132,339 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.99) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $132,943.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 5.3% | 6.2% |
| Monthly Cash Flow | $(752) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,128 |
| Total Monthly Debt Service | $2,689 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 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
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 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robin Laskody • Epique Realty
Mls Name: NWMLS
Mls ID: #2336190