10618 229th Street EGrahamWA98338
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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
Investment property for sale in Graham at 10618 229th Street E, Graham, WA, 98338 listed at $999,750 pairs $2,521/mo rent with a $4,893/mo payment. Total monthly income runs $2,521/mo. Return on cash invested measures 7.33% in year one, and rental yield registers 3.03% at a $999,750 basis. Equity gained on principal adds $6,451/yr, and annual property appreciation at 5% supports $276,212 by year five. Five-year ROI tracks 35.14% and total cumulative return in cash totals $115,569. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,521/mo property income relative to a $4,893/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
6.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98338, Graham, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,397 (100%) |
| Owner Occupied HU | 9,558 (83.9%) |
| Renter Occupied HU | 1,451 (12.7%) |
| Vacant Housing Units | 388 ( 3.4%) |
| Median Home Value | $619,323 |
| Average Home Value | $651,777 |
Housing Distribution
Address Breakdown
Residential
10,269
Single Family
10,268
Multi-Family
1
Businesses
399
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Listed by: Jenah Mahan • Gateway Real Estate
Mls Name: NWMLS
Mls ID: #2470298