602 Vineyard St LOT 12Spec GrandviewWA98930
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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 Spec Grandview at 602 Vineyard St LOT 12, Spec Grandview, WA, 98930 uses $109,345 cash to close to unlock $2,132/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,614/mo payment keeps the spread at $178/mo. Purchase price stands at $329,850, and rental yield measures 7.86% with $2,160/mo rent. Return on cash invested shows 21.86% in year one, and 5% annual appreciation builds toward $91,131 over five years. Five-year ROI reaches 113.08% and total cumulative return in cash records $123,648. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,614/mo payment rather than investor’s personal income.
Single Family
Built in 2025
7,405 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: Diego Cruz Trujano • Coldwell Banker - Tomlinson
Mls Name: YARMLS
Mls ID: #25-2194