409 Elm AveGrandviewWA98930
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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 Grandview at 409 Elm Ave, Grandview, WA, 98930 priced at $313,000 pairs $1,060/mo rent with after a $1,532/mo payment. Total monthly income equals $1,060/mo. Return on cash invested is 10.41% in year one, and rental yield stands at 4.06% on a $313,000 basis. Equity gained on principal adds $2,020/yr, and 5% annual appreciation accumulates to $86,476 by year five. Five-year ROI measures 51.66% and total cumulative return in cash reaches $53,605. For financing, Ziffy Mortgage’s DSCR program evaluates $1,060/mo property income against a $1,532/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98930, Grandview, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,962 (100%) |
| Owner Occupied HU | 3,277 (66.0%) |
| Renter Occupied HU | 1,500 (30.2%) |
| Vacant Housing Units | 185 ( 3.7%) |
| Median Home Value | $369,679 |
| Average Home Value | $382,814 |
Housing Distribution
Address Breakdown
Residential
4,600
Single Family
4,291
Multi-Family
309
Businesses
273
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Listed by: Miguel Orozco • eXp Realty LLC Kennewick
Mls Name: YARMLS
Mls Provider:
Mls ID: #25-1377
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.