201 Grennan Lane NEnumclawWA98022
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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 Enumclaw at 201 Grennan Lane N, Enumclaw, WA, 98022 with 5% annual appreciation on a $624,997 basis while $4,193/mo rent supports operations. Total monthly income totals $4,193/mo and a $3,059/mo payment preserves $436/mo for cash returns. Annual cash flow comes to $5,233/yr on $205,624 deployed, and return on cash invested reaches 22.61% in year one. Equity gained on principal adds $4,033/yr, and five-year appreciation sums $172,675 alongside rental yield of 8.05%. Five-year ROI measures 117.06% and total cumulative return in cash totals $240,696.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,193/mo property income versus a $3,059/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
6,655 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98022, Enumclaw, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,071 (100%) |
| Owner Occupied HU | 7,085 (70.4%) |
| Renter Occupied HU | 2,178 (21.6%) |
| Vacant Housing Units | 808 ( 8.0%) |
| Median Home Value | $747,991 |
| Average Home Value | $848,454 |
Housing Distribution
Address Breakdown
Residential
9,423
Single Family
8,741
Multi-Family
682
Businesses
762
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Listed by: Lorna Murray • RE/MAX Equity Group
Mls Name: NWMLS
Mls ID: #2430586