505 Grandridge RdGrandviewWA98930
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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 505 Grandridge Rd, Grandview, WA, 98930 offers $1,427/mo rent that, after a $857/mo payment, leaves $375/mo cash flow. Total monthly income is $1,427/mo, and annual cash flow is $4,495/yr on $58,013 cash. Return on cash invested measures 27.66% in year one, and rental yield stands at 9.79% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 144.21% and total cumulative return in cash reaches $83,659. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,427/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
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: Jorge Emilio Alvarez • eXp Realty LLC Kennewick
Mls Name: YARMLS
Mls Provider:
Mls ID: #25-873
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.