50 E Lookout Court, Grapeview, WA, 98546 | $39/mo Cash Flow

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50 E Lookout Court, Grapeview, WA, 98546 | $39/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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

Investment property for sale in Grapeview at 50 E Lookout Court, Grapeview, WA, 98546 at $389,000 posts ROI 20.27% with $39/mo cash flow from $2,377/mo rent. Total monthly income equals $2,377/mo, and annual cash flow records $463/yr on $128,954 to close. Return on cash invested measures 20.27% and rental yield reads 7.33% at the current $389,000. Equity gained on principal adds $2,510/yr, and 5% annual appreciation supports $107,474 by year five. Five-year ROI prints 104.54% and total cumulative return in cash totals $134,802.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,377/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Manufactured

Built in 2025

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Brand-new 3BD/2BA home in the desirable Rustlewood community, just 15 mins to Bremerton Shipyard and 25 mins to Olympia. This inviting home features a great floor plan with abundant LED lighting, a kitchen island, and stainless steel appliances. Relax on the covered front porch with a peek-a-boo view of Puget Sound. The primary ensuite includes a double vanity, and the hydroseeded yard is ready for spring. Enjoy ample parking with a garage and space for an RV or boat, combining comfort, convenience, and style in this move-in-ready home.

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