Yakima Hard Money Loans
Intrust Funding is a Yakima commercial lender providing private money loans to investors in Yakima County. Acquire your next property, renovate your next investment, or cash-out refi your last loan today. With funding in 48 hours, no inspections, no appraisals, and a simple 1% per month interest rate, Intrust Funding is real estate investing simplified.
Situated in the heart of Central Washington, Yakima is a bustling city with a population of over 93,000. Known for its robust agricultural sector, particularly its apple, hop, and wine production, Yakima’s economy provides a stable environment for real estate investment. The city’s diverse neighborhoods, affordable housing, and high quality of life make it an attractive location for residential investment. Yakima’s commercial districts and ongoing development projects also present opportunities for commercial real estate investment.
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A Real Estate Investor’s Guide to Yakima
Yelm, WA
Yakima is a city in and the county seat of Yakima County, Washington, and the state’s 11th-largest city by population. As of the 2020 census, the city had a total population of 96,968 and a metropolitan population of 256,728. The unincorporated suburban areas of West Valley and Terrace Heights are considered a part of greater Yakima.
Yakima is about 60 miles (100 kilometers) southeast of Mount Rainier in Washington. It is situated in the Yakima Valley, a productive agricultural region noted for apple, wine, and hop production. As of 2011, the Yakima Valley produces 77% of all hops grown in the United States. The name Yakima originates from the Yakama Nation Native American tribe, whose reservation is located south of the city.
Yakima County
Yakima County is a county in the U.S. state of Washington. As of the 2020 census, its population was 256,728. The county seat and largest city is Yakima. The county was formed out of Ferguson County in January 1865 and is named for the Yakama tribe of Native Americans.
Yakima County comprises the Yakima, WA Metropolitan Statistical Area and is Washington state’s largest majority-Hispanic county as of 2020.
Geography
The city of Yakima is located in the Upper Valley of Yakima County. The county is geographically divided by Ahtanum Ridge and Rattlesnake Ridge into two regions: the Upper (northern) and Lower (southern) valleys. Yakima is located in the more urbanized Upper Valley, and is the central city of the Yakima Metropolitan Statistical Area.
The unincorporated suburban areas of West Valley and Terrace Heights are considered a part of greater Yakima. Other nearby cities include Moxee, Tieton, Cowiche, Wiley City, Tampico, Gleed, and Naches in the Upper Valley, as well as Wapato, Toppenish, Zillah, Harrah, White Swan, Parker, Buena, Outlook, Granger, Mabton, Sunnyside, and Grandview in the Lower Valley.
Employment
Yakima has an unemployment rate of 6.1%. The US average is 6.0%.
Yakima has seen the job market increase by 3.4% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.
Transportation
Interstate 82 is the main freeway through the Yakima Valley, connecting the region to Ellensburg and the Tri-Cities, with onward connections to Seattle and Oregon. U.S. Route 12 crosses northern Yakima, joining I-82 and U.S. Route 97 along the east side of the city. State Route 24 terminates in Yakima and is the primary means of reaching Moxee City and agricultural areas to the east. State Route 821 terminates in northern Yakima and traverses the Yakima River canyon, providing an alternate route to Ellensburg that bypasses the I-82 summit at Manastash Ridge.
Hard Money Loan Scenarios Yakima, WA
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