837 Olmstead 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
Investment property for sale in Grandview at 837 Olmstead Rd, Grandview, WA, 98930 listed at $1,200,000 pairs $2,370/mo rent with a $5,873/mo payment. Total monthly income runs $2,370/mo. Return on cash invested measures 5.42% in year one, and rental yield registers 2.37% at a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,538 by year five. Five-year ROI tracks 24.82% and total cumulative return in cash totals $96,491. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,370/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2003
37.50 Acres 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: Michael Nelson • DK Bain Real Estate, Inc.
Mls Name: YARMLS
Mls Provider:
Mls ID: #25-1479
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.