845 Schmid RoadGraylandWA98547
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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 Grayland at 845 Schmid Road, Grayland, WA, 98547 uses $112,379 cash to close to unlock $3,041/yr annual cash flow and $253/mo monthly cash flow. Total monthly income runs $2,291/mo, and a $1,659/mo payment keeps the spread at $253/mo. Purchase price stands at $339,000, and rental yield measures 8.11% with $2,291/mo rent. Return on cash invested shows 22.62% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 117.13% and total cumulative return in cash records $131,632. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,291/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Single Family
Built in 1968
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98547, Grayland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,339 (100%) |
| Owner Occupied HU | 607 (45.3%) |
| Renter Occupied HU | 176 (13.1%) |
| Vacant Housing Units | 556 (41.5%) |
| Median Home Value | $344,880 |
| Average Home Value | $448,134 |
Housing Distribution
Address Breakdown
Residential
247
Single Family
247
Multi-Family
0
Businesses
41
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Listed by: Carol J. Minor • Windermere R.E. Westport
Mls Name: NWMLS
Mls ID: #2411170