👑 Make Your Money Work For You | Yakima Cash-Flow Rental — 3 Exit Strategies 👑
Price: $282,000
Current Market Value: $330,000
Turnkey rental opportunities are becoming increasingly difficult to find, and this Yakima property checks all the right boxes. This is not a light touch-up — this property has been FULLY renovated inside within the past two years. New floors, updated kitchen, fresh paint throughout, and more. You can step into an income-producing asset with little to no rehab required and nothing left to do. Strong demand for affordable housing in Yakima combined with a low entry point makes this a solid long-term addition to any portfolio.
THREE EXIT STRATEGIES
📋 EXIT 1: BUY CASH + SELL ON OWNER FINANCE
Buy cash at $282,000
Sell on contract at $330,000
Buyer down payment (10%): $33,000
Loan you carry: $297,000
Rate you set: 9% / 30yr
Monthly payment to you: ~$2,388/mo
Net cash invested after down payment received: $249,000
Annual return on cash: ~11.5%
Buy cash, sell on an owner finance contract at a higher price and rate. Attract buyers who can’t qualify for conventional financing, create a strong monthly income stream, and capture a premium sale price — all on your terms.
🏠 EXIT 2: LONG-TERM RENTAL HOLD
Buy at $282K against a current market value of $330K — immediate equity of ~$48,000 on acquisition with nothing left to renovate. Estimated rent at $2,000/mo with strong affordable housing demand in Yakima. A true buy-and-hold with built-in upside for future rent growth.
💵 EXIT 3: BUY CASH OR HARD MONEY + REFI TO DSCR
Buy cash or hard money at $282,000, then refinance into a DSCR loan once the property is stabilized.
Refi loan amount (80% of $282K — 20% down): $225,600
Rate: 7% / 30yr
Monthly P&I: ~$1,502
Estimated rent: $2,000
Monthly cash flow after P&I: ~$498/mo
Note: Taxes and insurance will reduce net cash flow further. Pull your capital back out through the refi and hold the property long term with a tenant covering the note. Strong rent-to-value ratio with upside as rents continue to climb in the Yakima market.
2009 Jerome Ave, Yakima, WA 98902
4 beds | 1.5 baths | 1,242 sqft
✅ FULLY renovated interior within the past two years
✅ New floors throughout
✅ Updated kitchen
✅ Fresh paint throughout
✅ Little to no rehab needed — move-in ready
✅ Bedroom with walk-in closet
✅ Covered front entry and large covered patio
✅ 0.15-acre lot
✅ Large fenced backyard
✅ Multiple storage sheds
✅ Long driveway parking
✅ Close to schools, medical facilities, and downtown Yakima
✅ Near parks, wineries, outdoor recreation, hiking, and the broader Yakima Valley region
✅ Currently occupied — Vacant at close
ARV Comps:
🔗 https://www.zillow.com/homedetails/106-S-53rd-Ave-Yakima-WA-98908/23681821_zpid/
🔗 https://www.zillow.com/homedetails/121-N-52nd-Ave-Yakima-WA98908/23681891_zpid/
🔗 https://www.zillow.com/homedetails/1-N-55th-Ave-Yakima-WA-98908/23681936_zpid/
🔗 https://www.zillow.com/homedetails/204-N-32nd-Ave-Yakima-WA98902/23682358_zpid/
📅 Closing: 8/13/2026
💵 Cash and Hard Money Only
💰 $10,000 EM deposit upon mutual acceptance
🧾 Buyer pays closing costs
📞 Call for Walkthrough!
📲 DM or call (503) 404-4532
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
