2213 Grovepoint CtSeven BaysWA99122
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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 Seven Bays at 2213 Grovepoint Ct, Seven Bays, WA, 99122 earns from $1,843/mo rent with a $3,059/mo payment. Total monthly income totals $1,843/mo. ROI tracks 8.89% on current figures, and rental yield reads 3.54% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 43.51% and total cumulative return in cash sums $89,461. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,843/mo property income instead of your personal income.
Single Family
Built in 1985
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99122, Davenport, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,353 (100%) |
| Owner Occupied HU | 1,394 (59.2%) |
| Renter Occupied HU | 315 (13.4%) |
| Vacant Housing Units | 644 (27.4%) |
| Median Home Value | $365,152 |
| Average Home Value | $409,127 |
Housing Distribution
Address Breakdown
Residential
1,536
Single Family
1,516
Multi-Family
20
Businesses
169
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Listed by: John Sloan • Haven Real Estate Group
Mls Name: SMLS
Mls Provider:
Mls ID: #202518259
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.