920 E Mason Lake Drive EGrapeviewWA98546
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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 Grapeview at 920 E Mason Lake Drive E, Grapeview, WA, 98546 generates $2,369/mo in rent, after a $2,080/mo payment. Total monthly income is $2,369/mo. Return on cash invested sits at 18.33% in year one, and rental yield is 6.69% on a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 94.15% and total cumulative return in cash sums $132,641. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,369/mo property income rather than buyer’s personal income.
Manufactured
Built in 2008
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98546, Grapeview, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,181 (100%) |
| Owner Occupied HU | 1,179 (54.1%) |
| Renter Occupied HU | 173 ( 7.9%) |
| Vacant Housing Units | 829 (38.0%) |
| Median Home Value | $539,414 |
| Average Home Value | $628,170 |
Housing Distribution
Address Breakdown
Residential
1,383
Single Family
1,383
Multi-Family
0
Businesses
29
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Listed by: Karri Hohmann • Sterling Property Group
Mls Name: NWMLS
Mls ID: #2472032