302 Hemming WayGranite FallsWA98252
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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 Granite Falls at 302 Hemming Way, Granite Falls, WA, 98252 priced at $545,000 pairs $3,500/mo rent with $223/mo cash flow after a $2,668/mo payment. Total monthly income equals $3,500/mo, and annual cash flow comes to $2,681/yr on $179,305 invested. Return on cash invested is 21.56% in year one, and rental yield stands at 7.71% on a $545,000 basis. Equity gained on principal adds $3,517/yr, and 5% annual appreciation accumulates to $150,573 by year five. Five-year ROI measures 111.41% and total cumulative return in cash reaches $199,764. For financing, Ziffy Mortgage’s DSCR program evaluates $3,500/mo property income against a $2,668/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98252, Granite Falls, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,476 (100%) |
| Owner Occupied HU | 3,363 (75.1%) |
| Renter Occupied HU | 781 (17.4%) |
| Vacant Housing Units | 332 ( 7.4%) |
| Median Home Value | $782,908 |
| Average Home Value | $770,348 |
Housing Distribution
Address Breakdown
Residential
3,651
Single Family
3,544
Multi-Family
107
Businesses
169
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Listed by: Holly Olden • The Preview Group
Mls Name: NWMLS
Mls ID: #2405138