1308 Rainier StGrandviewWA98930
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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 Grandview at 1308 Rainier St, Grandview, WA, 98930 listed at $249,000 pairs $1,835/mo rent with a $1,219/mo payment to leave $338/mo cash flow. Total monthly income runs $1,835/mo, and annual cash flow reaches $4,055/yr on $82,544 cash to close. Return on cash invested measures 24.82% in year one, and rental yield registers 8.84% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 128.95% and total cumulative return in cash totals $106,436. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,835/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98930, Grandview, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,962 (100%) |
| Owner Occupied HU | 3,277 (66.0%) |
| Renter Occupied HU | 1,500 (30.2%) |
| Vacant Housing Units | 185 ( 3.7%) |
| Median Home Value | $369,679 |
| Average Home Value | $382,814 |
Housing Distribution
Address Breakdown
Residential
4,600
Single Family
4,291
Multi-Family
309
Businesses
273
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Listed by: Lizbeth Romero • Epique Realty
Mls Name: PACMLS
Mls ID: #289534