8607 232nd Street Ct EGrahamWA98338
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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 Graham at 8607 232nd Street Ct E, Graham, WA, 98338 uses $177,660 cash to close to unlock $1,392/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $3,362/mo, and a $2,643/mo payment keeps the spread at $116/mo. Purchase price stands at $540,000, and rental yield measures 7.47% with $3,362/mo rent. Return on cash invested shows 20.84% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 107.58% and total cumulative return in cash records $191,126. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,362/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Single Family
Built in 1994
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98338, Graham, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,397 (100%) |
| Owner Occupied HU | 9,558 (83.9%) |
| Renter Occupied HU | 1,451 (12.7%) |
| Vacant Housing Units | 388 ( 3.4%) |
| Median Home Value | $619,323 |
| Average Home Value | $651,777 |
Housing Distribution
Address Breakdown
Residential
10,269
Single Family
10,268
Multi-Family
1
Businesses
399
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Listed by: Jeannette Harpole • Keller Williams Eastside
Mls Name: NWMLS
Mls ID: #2429367