Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

600 N 78th Ave Yakima, WA 98902

4 Beds 4 Baths 3,832 sqft Built 1999

$698,000

List Price

$2,360

$2.1K - $2.6K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 10, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1999
  • Price/Sqft : $182.15
  • 5 Days on Market
  • MLS # : 21-486
  • Updated Date : 03/11/2021 at 16:31
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,832 sqft
  • Baths : 4 full
Listing Agent

Keller Williams Yakima Valley

Listing Agent's Description

Impressive West Valley, half acre estate boasts 4+ BRs, 4 BTHs, and 3,832 sq ft of living space and comes complete with southern exposed views overlooking your inground, gunite swimming pool, attached garage with an additional, detached, 624 sf garage/shop, and an attached, main floor, full ADU with private entry and garage. Fully fenced, elevated grounds with gated entry provides privacy and brilliant views of the Valley.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 98902

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180kPrice in $74k189k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 98902

No Data Available.

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Apple Valley Elementary School Primary Regular 338 22 9
West Valley Junior High School Middle Regular 843 38 NA
West Valley High School High Regular 1,040 44 6

Apple Valley Elementary School

  • Education Level: Primary
  • # of students: 338
  • # of teachers: 22
9
GreatSchools Rating

West Valley Junior High School

  • Education Level: Middle
  • # of students: 843
  • # of teachers: 38
NA
GreatSchools Rating

West Valley High School

  • Education Level: High
  • # of students: 1,040
  • # of teachers: 44
6
GreatSchools Rating
 

$628,200$767,800$698,000

PURCHASE PRICE

$2,124$2,596$2,360

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,360
EXPENSES Loan Payment -$2,424
Property Tax -$567
Property Insurance -$103
Property Management Fees -$139
CASH FLOW
-$873

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$698,000

PROJECTED PRICE

$2,360

PROJECTED RENT

0.34%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 6.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.00%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$500k$1.0M$1.5M$2.0M

PROJECTED ANNUAL CASH FLOW

11530-$15k-$10k-$5.0k$0.0$5.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$500k$1.0M$1.5M$2.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$190,720

INVESTMENT

$190,720

Down Payment
$174,500
Rehab Estimate
$5,750
Closing Costs
$10,470

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 70% down payment or higher enables the proceeds from the asset to cover all costs.

$2,424

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $174,500
Loan Amount $523,500
See What Happens When You Reinvest Cash Flow

0.17

YEARS SAVED

$78

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $2,360

    LIST RENT
  • $0.62

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$2,360
1$2,360
$2,360
RENT COMPS ANALYSIS
  • 600 N 78th Ave Yakima, WA
    • 4 beds 4 baths ∙ 3,832 Sqft ∙ Built 1999 4 beds 4 baths ∙ 3,832 Sqft ∙ Built 1999
    • Rent
    • Rent Per SQFT
    •  
    • $2,360
    • $0.62
    •  
PROPERTY LISTING DETAILS
Terry Harrington
1.509.949.0890
Keller Williams Yakima Valley
1.866.250.5610
Yakima Associal of Realtors ( YAR)
MLS #: 21-486
Last Updated: 03/11/2021
BESbswy