350 E Wild Grape Way, Grapeview, WA, 98546 | $1,789/mo Cash Flow

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350 E Wild Grape Way, Grapeview, WA, 98546 | $1,789/mo Cash Flow | Ziffy

Off market

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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

Rental property for sale in Grapeview at 350 E Wild Grape Way, Grapeview, WA, 98546 offers $2,719/mo rent that, after a $630/mo payment, leaves $1,789/mo cash flow. Total monthly income is $2,719/mo, and annual cash flow is $21,467/yr on $42,667 cash. Return on cash invested measures 70.22% in year one, and rental yield stands at 25.35% at a $128,710 entry. Equity gained on principal adds $831/yr while 5% annual appreciation compounds into $35,560 by year five. Five-year ROI records 374.01% and total cumulative return in cash reaches $159,582. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,719/mo property income versus a $630/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2024

7.23 Acres lot

$N/A/sqft

No HOA

More details about the property

Don't miss this opportunity to own this newly built rambler on 7.23 acres. Home features 4bd and 3 full baths with an additional bonus room/den. Open concept with a large kitchen island beautifully crafted with granite. Pick your carpet color before install and give your final touch. This home was built primary for multi use to rent rooms and will give great return on investment if that's your goal. There is RV parking and hook ups onsite for additional income potential. Road will be grated and rock laid before sale completion. This is a short term listing that expires on 8/31/24 so grab this opportunity while you can!!

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