211 W 1st AveGrangerWA98932
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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
Rental property for sale in Granger at 211 W 1st Ave, Granger, WA, 98932 generates $2,130/mo in rent and, after a $1,493/mo payment, leaves $296/mo in cash flow. Total monthly income is $2,130/mo, and annual cash flow is $3,557/yr on $101,108 invested. Return on cash invested sits at 23.43% in year one, and rental yield is 8.38% on a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 121.51% and total cumulative return in cash sums $122,854. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,130/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98932, Granger, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,479 (100%) |
| Owner Occupied HU | 890 (60.2%) |
| Renter Occupied HU | 503 (34.0%) |
| Vacant Housing Units | 86 ( 5.8%) |
| Median Home Value | $271,154 |
| Average Home Value | $333,244 |
Housing Distribution
Address Breakdown
Residential
991
Single Family
991
Multi-Family
0
Businesses
50
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Listed by: Verenice Reyes • John L Scott Sunnyside
Mls Name: PACMLS
Mls ID: #288206