2210 E Mason Lake Drive W, Grapeview, WA, 98546 | 1.93% Rental Yield

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2210 E Mason Lake Drive W, Grapeview, WA, 98546 | 1.93% Rental Yield | Ziffy

For Sale

Motivated Seller

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Grapeview at 2210 E Mason Lake Drive W, Grapeview, WA, 98546 earns from $2,725/mo rent with a $8,272/mo payment. Total monthly income totals $2,725/mo. ROI tracks 4.08% on current figures, and rental yield reads 1.93% at a $1,690,000 purchase. Equity gained on principal adds $10,905/yr, and 5% annual appreciation supports $466,916 over five years. Five-year ROI reaches 17.6% and total cumulative return in cash sums $96,396. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,725/mo property income instead of your personal income.

Single Family

Built in 1993

0.36 Acres lot

$N/A/sqft

No HOA

More details about the property

This spectacular lake house has it all. 69 ft of grassy Mason Lake frontage on an oversized lot with a concrete bulkhead and an enormous new dock replaced in 2020. The three-story main home features an open and light main living area with Austrian fireplace that warms the whole home. The upstairs primary suite is spacious and welcoming. The lower level includes two sleeping rooms - one of which could be a media or game room a waterfront spa room, and bath. The studio DADU gives guests a place for privacy with a stunning lake view. Park 6 cars in the driveway and even more in the three-car garage, with a second laundry. In total: 4 beds, 4 baths, and the best shoreline on the lake! Seller financing available with solid down payment.

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