3631 232nd Drive 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 3631 232nd Drive NE, Granite Falls, WA, 98252 listed at $450,000 pairs $2,335/mo rent with a $2,203/mo payment. Total monthly income runs $2,335/mo. Return on cash invested measures 16.93% in year one, and rental yield registers 6.23% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 86.63% and total cumulative return in cash totals $129,234. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,335/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1989
0.32 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: Tracey Derkowski • Latham Realty Unlimited Inc
Mls Name: NWMLS
Mls ID: #2460838