350 E Wild Grape WayGrapeviewWA98546
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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
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
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 |
Housing Distribution
Address Breakdown
Residential
1,383
Single Family
1,383
Multi-Family
0
Businesses
29
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Listed by: N/A • N/A
Mls Name: John L Scott Real Estate
Mls ID: #2272580