130 E Mason Lake Drive EGrapeviewWA98546
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
Investment property for sale in Grapeview at 130 E Mason Lake Drive E, Grapeview, WA, 98546 earns $560/mo cash flow from $2,363/mo rent with a $1,468/mo payment. Total monthly income totals $2,363/mo, and annual cash flow totals $6,721/yr on $99,433 capital. ROI tracks 26.67% on current figures, and rental yield reads 9.45% at a $299,950 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,871 over five years. Five-year ROI reaches 138.9% and total cumulative return in cash sums $138,116. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,363/mo property income instead of your personal income.
Manufactured
Built in 2004
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98546, Grapeview, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,181 (100%) |
| Owner Occupied HU | 1,179 (54.1%) |
| Renter Occupied HU | 173 ( 7.9%) |
| Vacant Housing Units | 829 (38.0%) |
| Median Home Value | $539,414 |
| Average Home Value | $628,170 |
Housing Distribution
Address Breakdown
Residential
1,383
Single Family
1,383
Multi-Family
0
Businesses
29
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Listed by: Gervon Simon • COMPASS
Mls Name: NWMLS
Mls ID: #2436443