980 L Street SEEphrataWA98823
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 Ephrata at 980 L Street SE, Ephrata, WA, 98823 earns $365/mo cash flow from $2,286/mo rent with a $1,564/mo payment. Total monthly income totals $2,286/mo, and annual cash flow totals $4,383/yr on $105,914 capital. ROI tracks 24.05% on current figures, and rental yield reads 8.59% at a $319,500 purchase. Equity gained on principal adds $2,062/yr, and 5% annual appreciation supports $88,272 over five years. Five-year ROI reaches 124.84% and total cumulative return in cash sums $132,218. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,286/mo property income instead of your personal income.
Single Family
Built in 2014
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98823, Ephrata, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,857 (100%) |
| Owner Occupied HU | 3,298 (67.9%) |
| Renter Occupied HU | 1,298 (26.7%) |
| Vacant Housing Units | 261 ( 5.4%) |
| Median Home Value | $350,062 |
| Average Home Value | $374,187 |
Housing Distribution
Address Breakdown
Residential
4,724
Single Family
4,603
Multi-Family
121
Businesses
453
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Listed by: Staci Faw • WindermereRE/Central Basin LLC
Mls Name: NWMLS
Mls ID: #2461736