12020 W Engebretsen RoadGranite FallsWA98252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $4,252/mo, and a $4,894/mo payment. Purchase price stands at $999,950, and rental yield measures 5.1% with $4,252/mo rent. Return on cash invested shows 13.65% in year one, and 5% annual appreciation builds toward $276,268 over five years. Five-year ROI reaches 68.99% and total cumulative return in cash records $226,956. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,252/mo property income covering a $4,894/mo payment rather than investor’s personal income.
Single Family
Built in 1974
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98252, Granite Falls, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,476 (100%) |
| Owner Occupied HU | 3,363 (75.1%) |
| Renter Occupied HU | 781 (17.4%) |
| Vacant Housing Units | 332 ( 7.4%) |
| Median Home Value | $782,908 |
| Average Home Value | $770,348 |
Housing Distribution
Address Breakdown
Residential
3,651
Single Family
3,544
Multi-Family
107
Businesses
169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason D. Smith • Gilpin Realty, Inc.
Mls Name: NWMLS
Mls ID: #2388734