1306 Glacier Pl #68 · Wenatchee, WA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 7/10 · Major
- Est. fire insurance / yr
- $604 – $1,122
Heat risk 5/10 · Moderate
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 14 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 10/10 · Severe
- Unhealthy air days now
- 25 days/yr
- Unhealthy air days in 30 yrs
- 25 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +27.9/30.0
- ARV discount +11.1/15.0
- DSCR +9.9/10.0
- 1% rule +7.0/10.0
- Schools +4.2/10.0
- Livability +3.6/5.0
- Rent growth +2.7/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$174,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
* Back on market due to buyer's financing falling through * Don't miss out on this amazing opportunity from this motivated seller. Charming 3-Bedroom, 2-Bath Home in a Resort-Style Community. This spacious and well-maintained 3-bedroom, 2-bath manufactured home offers comfortable living with a bright, open layout and plenty of room for relaxing or entertaining. Enjoy a large outdoor space perfect for BBQs, gatherings, or simply unwinding under the stars. Located in a desirable 55+ park with fantastic amenities—including a sparkling community pool—this home offers both convenience and lifestyle. Don’t miss your chance to own an affordable gem in a vibrant neighborhood!
Key facts
- Community pool
- Large outdoor space
- Garage
Tags
Property features AI
Finance
- Other: Listing available for cash or conventional financing
- Financial info: Land lease applicable
- HOA & community: Located in Twin Peaks Manor (manufactured home park); Park approved for sale; Senior community
Exterior
- Parking: Individual garage (garage included); RV parking available in park
- Utilities: Electric power; Community water; Community sewer; Power provided by Chelan County PUD
- Home design: Manufactured double-wide home (Silvercrest); One story; North facing
- Construction: Wood construction; Composition roof
- Exterior features: Wood products exterior; Paved lot; Has view
Interior
- Kitchen: Dishwasher; Stove / Range; Refrigerator
- Bedrooms: 3 bedrooms
- Flooring: Vinyl plank; Carpet
- Bathrooms: 1 full bath; 1 three-quarter bath
- Heating & cooling: Forced air heating; Central air conditioning
- Interior features: Vaulted ceilings; Ceiling fan(s); Skylights; Double pane windows; Walk-in closet; Bath off primary; Landscaped; Patio/porch/deck
- Laundry & utility: Washer; Dryer
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $174k.
Deal economics
- At list price, monthly cash flow is $534 ($6k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($2k rent vs $174k).
- Recommended offer: $153k (12.0% below list) — sets the bar for market timing.
- Cap rate 10.0% vs local median 2.9% in Wenatchee — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 72/100 on livability (#211 in WA) — a middle-class / working-renter tenant base. Strengths: health & safety A+, housing A, amenities B; Watch: crime C-, commute F.
- Wenatchee School District (urban): math 38% / reading 54% proficiency, ranked #175 of 291 in WA (top 60%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: Rents flat; 326 active listings in the ZIP; 16 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 762 units permitted in Chelan County in 2024 (377 in 5+ unit buildings).
- This rent runs 31% of the median local income ($81k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
- Chelan County population projected at +13% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 301 days — a 12% lower offer ($153k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts since 4y ago; this cycle's ask has dropped $51k (23%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: major wildfire risk; extreme-heat days projected 7→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 301 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.20% ✓
- Cap rate
- 9.98%
- Cash-on-cash
- 13.15%
- DSCR
- 1.59
- GRM
- 7.0
CMA / ARV
- ARV (on-the-fly)
- $189,216
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1849 Heritage Dr | 0.37mi | 3/2.0 | 1,300 (-1%) | 0mo | $420,000 | $323 | 81 |
| 1610 Clark Dr #5 | 0.07mi | 2/2.0 (-1) | 1,326 (+1%) | 17mo | $160,000 | $121 | 76 |
| 1307 Glacier Pl #65 | 0.02mi | 2/2.0 (-1) | 1,296 (-1%) | 20mo | $194,900 | $150 | 75 |
| 1304 Glacier Place Pl #69 | 0.01mi | 3/2.0 | 1,456 (+11%) | 18mo | $210,000 | $144 | 67 |
| 1809 Heritage Hvn | 0.21mi | 2/2.0 (-1) | 1,188 (-10%) | 3mo | $370,000 | $311 | 67 |
| 1252 Woods St | 0.26mi | 3/2.0 | 1,400 (+6%) | 13mo | $415,000 | $296 | 66 |
| 1149 Foothills Ln #25 | 0.27mi | 3/2.0 | 1,416 (+8%) | 11mo | $192,500 | $136 | 65 |
| 611 N Western Ave #25 | 0.69mi | 3/2.0 | 1,344 (+2%) | 8mo | $185,500 | $138 | 57 |
| 909 Meadowridge Dr #37 | 0.50mi | 2/2.0 (-1) | 1,404 (+7%) | 6mo | $210,000 | $150 | 55 |
| 1626 Pleasant Ave #35 | 0.49mi | 2/2.0 (-1) | 1,188 (-10%) | 2mo | $145,000 | $122 | 55 |
| 1608 Fairview Ave #47 | 0.55mi | 2/2.0 (-1) | 1,296 (-1%) | 20mo | $179,900 | $139 | 50 |
| 1608 N Western Ave #24 | 0.43mi | 3/2.0 | 1,152 (-12%) | 12mo | $145,000 | $126 | 49 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.75% rent growth · sell at horizon
- IRR
- 0.6%
- Equity multiple
- 1.02×
- Total profit
- $1,173
- Equity at exit
- $25,944
- IRR
- 8.0%
- Equity multiple
- 1.55×
- Total profit
- $26,605
- Equity at exit
- $15,044
Cash invested: $48,720 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 28 Tenant-Leaning
- State Washington
- 28 Tenant-Leaning · D+8
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 98801
- Rents YoY
- 0.8%
- Active inventory
- 326
- Price-to-rent
- 7.0×
Monthly cashflow live
- Estimated rent
- $2,086 high interval (Pro) →
- Mortgage (P&I)
- −$912
- Tax from tax record
- −$129 /mo · $1,547/yr
- Insurance
- −$72
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$438
- Net cashflow
- $534
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $43,500
- Closing costs
- $5,220
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 16 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1415 Maple St Wenatchee, WA | 2.0 | 1.0 | 928 | $1,848 | $1.99 | 44d | 11 | 0.28mi |
| 1409 Maple St Unit 2 Wenatchee, WA | 2.0 | 2.0 | 1300 | $2,195 | $1.69 | 44d | 1 | 0.30mi |
| 1030 Finch Ln Unit H Wenatchee, WA | 3.0 | 2.5 | 1750 | $2,600 | $1.49 | 44d | 1 | 0.34mi |
| 1688 Stella Ave Wenatchee, WA | 2.0 | 2.0 | 961 | $1,838 | $1.91 | 44d | 4 | 0.51mi |
| 1312 Springwater Ave Wenatchee, WA | 3.0 | 2.0 | 1150 | $2,550 | $2.22 | 44d | 1 | 0.52mi |
| 1250 Central Ave Wenatchee, WA | 1.0–3.0 | 1.0 | 698 | $2,007 | $2.88 | 44d | 6 | 0.53mi |
| 1231 McKittrick St Unit 3 Wenatchee, WA | 2.0 | 2.0 | 1044 | $1,695 | $1.62 | 44d | 1 | 0.58mi |
| 1705 Stella Ave Wenatchee, WA | 2.0 | 2.0 | 942 | $1,835 | $1.95 | 44d | 8 | 0.66mi |
| 1311 Westwood Ave Wenatchee, WA | 1.0–2.0 | 1.0–2.0 | 880 | $1,850 | $2.10 | 44d | 3 | 0.68mi |
| 511 Ramona Ave Wenatchee, WA | 2.0 | 1.0 | 900 | $1,595 | $1.77 | 44d | 1 | 1.00mi |
| 1100 First St Unit 1107 Wenatchee, WA | 2.0 | 1.5 | 1600 | $1,795 | $1.12 | 44d | 1 | 1.31mi |
| 895 Riverside Dr Wenatchee, WA | 2.0 | 1.0–2.5 | 1000 | $2,225 | $2.22 | 44d | 15 | 1.34mi |
| 309 N Emerson Ave Unit 1 Wenatchee, WA | 2.0 | 1.0 | 1400 | $1,595 | $1.14 | 44d | 1 | 1.35mi |
| 615 N Piere St Wenatchee, WA | 2.0 | 1.0–2.0 | 809 | $2,355 | $2.91 | 44d | 9 | 1.40mi |
| 1450 Castlerock Ave Wenatchee, WA | 1.0–2.0 | 1.0–2.0 | 875 | $2,001 | $2.29 | 44d | 6 | 1.44mi |
| 211 N Delaware Ave Wenatchee, WA | 1.0–2.0 | 1.0–1.5 | 1100 | $1,695 | $1.54 | 44d | 2 | 1.50mi |
Listing history 29 events
-
2026-06-19days on market $174,000 Active 301 DOM
-
2026-06-18days on market $174,000 Active 300 DOM
-
2026-06-17days on market $174,000 Active 299 DOM
-
2026-06-17price $174,000 Active 298 DOM
-
2026-06-16days on market $179,000 Active 298 DOM
-
2026-06-15days on market $179,000 Active 297 DOM
-
2026-06-14days on market $179,000 Active 295 DOM
-
2026-06-13days on market $179,000 Active 294 DOM
-
2026-06-10days on market $179,000 Active 292 DOM
-
2026-06-09days on market $179,000 Active 291 DOM
-
2026-06-08days on market $179,000 Active 290 DOM
-
2026-06-07days on market $179,000 Active 289 DOM
-
2026-06-05days on market $179,000 Active 286 DOM
-
2026-06-02days on market $179,000 Active 284 DOM
-
2026-06-01days on market $179,000 Active 283 DOM
-
2026-05-31days on market $179,000 Active 282 DOM
-
2026-05-30days on market $179,000 Active 281 DOM
-
2026-04-29status Pending
-
2026-04-03price $179,000
-
2026-03-17price $189,000
-
2026-02-18price $191,500
-
2026-01-17price $194,000
-
2026-01-01price $196,500
-
2025-10-15price $199,000
-
2025-09-15price $221,000
-
2025-07-26$225,000 Active
-
2022-03-18soldstatus $197,000 Closed
-
2022-03-02status Pending
-
2022-02-24$179,950 Active
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast WA · Resets to sale price
- Current annual tax
- $1,547 · $129/mo
- Projected year-2 tax
- $1,705 · $142/mo
- Expected delta
- +$158/yr (+$13/mo · 10.2%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
- Wildfire 7/10 Severe
- Heat 5/10 Major 7 d/yr ≥96°F today · 14 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 10/10 Extreme 25 unhealthy d/yr today · 25 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $25,031
- − Mortgage interest
- −$9,747
- − Property taxes
- −$1,547
- − Insurance
- −$870
- − Repairs & maintenance
- −$2,003
- − Management
- −$2,003
- − Depreciation
- −$5,062
- Taxable income
- $3,801
- Est. tax owed @ 24.0%
- −$912
- After-tax cash flow
- $5,496/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Wenatchee School District
- NCES district ID
- 5309660
- Math proficiency
- 38% ▲ 1.00%
- Reading proficiency
- 54% ▲ 2.00%
- Median HH income
- $51,059
- Composite
- 41.72/100
- National rank
- #7189
- State rank
- #175 of 291 in WA
Livability — Wenatchee
- Score
- 72/100
- State rank
- #211
- US rank
- #6003
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Wenatchee, WA
- County
- Chelan County · 53,031 people
- City population
- 45,426
- Metro
- Wenatchee, WA
- Population (ZIP)
- 45,426
- Household income
- $81,488
- Rent vs Own
- Severe rent burden
- 1278.0
Population outlook (Chelan County) Hauer SSP2
- Today (2025)
- 81,630 people
- By 2030
- 84,312 · +3.3%
- By 2040
- 88,619 · +8.6%
- By 2050
- 91,915 · +12.6%
- By 2075
- 99,409 · +21.8%
- By 2100
- 100,032 · +22.5%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (61%)
- Race & ethnicity
- White 61% Hispanic / Latino 33% Two or more races 14% Native American 2%
- Hispanic origin (detail)
- Mexican 28%
- Common ancestry
- Portuguese 4% Italian 3% Slovak 3%
- Foreign-born
- 14% · Canada, Dominican Republic
- Languages at home
- 72% English-only · Spanish 27%
Political lean MEDSL · Chelan
- 2024 margin
- Lean R (+9.5) · D 43.9% · R 53.4% · Other 2.7%
- 2008→2024 swing
- +2.5pp toward D · 2008: -12.0pp · 2024: -9.5pp
- All cycles
- 2024: R+9.5 2020: R+7.8 2016: R+15.7 2012: R+16.9 2008: R+12.0
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -569.39%
- Current HPI
- 227.1555
- Rent YoY
- ▲ 0.75%
- Metro
- Wenatchee, WA
- State GDP YoY
- ▲ 4.65%
- F500 in state
- 22
Industry mix (Fortune 500 HQ in WA)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Retail | 2 | $269B |
|
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| Technology / Retail | 1 | $638B |
|
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| Technology | 1 | $245B |
|
||
| Telecommunications | 1 | $38B |
|
||
| Food / Beverage | 1 | $36B |
|
||
| Automotive / Trucks | 1 | $34B |
|
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Price history
-0.5% since first listed12 events — show timeline
- 2026-04-29 Pending — NWMLS as Distributed by MLS Grid
- 2026-04-03 Price Changed $179,000 NWMLS as Distributed by MLS Grid
- 2026-03-17 Price Changed $189,000 NWMLS as Distributed by MLS Grid
- 2026-02-18 Price Changed $191,500 NWMLS as Distributed by MLS Grid
- 2026-01-17 Price Changed $194,000 NWMLS as Distributed by MLS Grid
- 2026-01-01 Price Changed $196,500 NWMLS as Distributed by MLS Grid
- 2025-10-15 Price Changed $199,000 NWMLS as Distributed by MLS Grid
- 2025-09-15 Price Changed $221,000 NWMLS as Distributed by MLS Grid
- 2025-07-26 Listed $225,000 NWMLS as Distributed by MLS Grid
- 2022-03-18 Sold (MLS) $197,000 NWMLS as Distributed by MLS Grid
- 2022-03-02 Pending — NWMLS as Distributed by MLS Grid
- 2022-02-24 Listed $179,950 NWMLS as Distributed by MLS Grid
Property tax history
+9.6%/yrLatest (2026): $1,547 · +9.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…