1024 Grant PlaceSnohomishWA98290
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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
Rental property for sale in Snohomish at 1024 Grant Place, Snohomish, WA, 98290 generates $4,320/mo in rent, after a $4,136/mo payment. Total monthly income is $4,320/mo. Return on cash invested sits at 16.78% in year one, and rental yield is 6.13% on a $845,000 entry. Equity gained on principal adds $5,453/yr, while 5% annual appreciation builds toward $233,458 over five years. Five-year ROI reaches 85.81% and total cumulative return in cash sums $238,548. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,320/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98290, Snohomish, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,062 (100%) |
| Owner Occupied HU | 11,562 (76.8%) |
| Renter Occupied HU | 2,754 (18.3%) |
| Vacant Housing Units | 746 ( 5.0%) |
| Median Home Value | $872,357 |
| Average Home Value | $946,847 |
Housing Distribution
Address Breakdown
Residential
14,090
Single Family
13,483
Multi-Family
607
Businesses
670
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Listed by: Renee Pilchard • Realty One Group Orca
Mls Name: NWMLS
Mls ID: #2465596