3620 231st Avenue NEGranite FallsWA98252
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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 Granite Falls at 3620 231st Avenue NE, Granite Falls, WA, 98252 listed at $598,000 pairs $3,198/mo rent with a $2,927/mo payment. Total monthly income runs $3,198/mo. Return on cash invested measures 17.64% in year one, and rental yield registers 6.42% at a $598,000 basis. Equity gained on principal adds $3,859/yr, and annual property appreciation at 5% supports $165,216 by year five. Five-year ROI tracks 90.43% and total cumulative return in cash totals $177,908. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,198/mo property income relative to a $2,927/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
1.98 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: Vasily Y. Stepin • Keller Williams Realty PS
Mls Name: NWMLS
Mls ID: #2460931