171 E Okonek RoadGrapeviewWA98546
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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 Grapeview at 171 E Okonek Road, Grapeview, WA, 98546 at $1,195,000 posts ROI 6.14% with from $2,593/mo rent. Total monthly income equals $2,593/mo. Return on cash invested measures 6.14% and rental yield reads 2.6% at the current $1,195,000. Equity gained on principal adds $7,711/yr, and 5% annual appreciation supports $330,156 by year five. Five-year ROI prints 28.69% and total cumulative return in cash totals $111,074. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,593/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1984
1.10 Acres 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: Lori Anderson • Windermere PeninsulaProperties
Mls Name: NWMLS
Mls ID: #2422161