23510 Granite CourtBlack DiamondWA98010
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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 Black Diamond at 23510 Granite Court, Black Diamond, WA, 98010 offers a 7.54% rental yield on a $774,950 purchase with $4,870/mo rent. Total monthly income registers $4,870/mo, and a $3,793/mo payment leaves $212/mo available for distribution. Annual cash flow reaches $2,540/yr on $254,959 to close, and return on cash invested stands at 21.06% in year one. Equity gained on principal adds $5,001/yr while 5% annual appreciation supports $214,104 over five years. Portfolio math shows five-year ROI at 108.72% and total cumulative return in cash at $277,191. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,870/mo property income against a $3,793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
4,586 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98010, Black Diamond, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,295 (100%) |
| Owner Occupied HU | 2,684 (81.5%) |
| Renter Occupied HU | 440 (13.4%) |
| Vacant Housing Units | 171 ( 5.2%) |
| Median Home Value | $964,639 |
| Average Home Value | $1,018,839 |
Housing Distribution
Address Breakdown
Residential
3,368
Single Family
3,192
Multi-Family
176
Businesses
196
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Listed by: Rachel E. Jones • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2408490