Real Estate Investing in Grandview, Washington (98930)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 98930 (Grandview, WA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Grandview, WA (98930)?
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Market Analysis: 98930 Grandview
The 98930 ZIP covers a section of Grandview that demands careful diligence. Prices near $344K look accessible, but the work to make a deal cash flow is real.
Distressed markets are won on execution, not on spreadsheets. ZIP 98930 comes in at the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In practical terms, 98930 offers a low basis, the region around Grandview has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 98930 ZIP's population of 15,071 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that records the need for careful underwriting.
Experienced landlords with local relationships tend to find 98930 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Grandview:
Property Strategy for 98930
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $249,454 | $1,360 | 3.9% | +6.2% | $124,727 |
| 3BR | $337,695 | $1,830 | 3.9% | +6.2% | $112,565 |
| 4BR | $376,377 | $2,090 | 4.0% | +6.0% | $94,094 |
| 5BR | $422,007 | — | — | +6.5% | $84,401 |
Market Trends
Home Value History (with trend line)
📊 How Does 98930 Compare?
| Metric | 98930 | Grandview | Yakima, WA | Washington |
|---|---|---|---|---|
| Home Value | $343,920 | $343,920 | N/A | $591,536 |
| 5-Year CAGR | 3.7% | 3.7% | N/A | 5.9% |
| Avg Rent | $1,224 | $1,224 | N/A | - |
| Cap Rate | 2.8% | 2.8% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 98930 (Grandview, WA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $343,920 |
| Monthly Rent | $1,224 |
| Price-to-Rent | 23.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.3% |
| Cap Rate | 2.8% |
| 5-Year IRR | 6.5% |
📈 Home Appreciation
| 1-Year | +4.1% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +3.7% ▲ |
| 10-Year CAGR | +8.4% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.8%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 98930
Population: 15,071
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 98930
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
Are homes affordable in Grandview, WA?
Typical homes in Grandview, WA go for around $344K. The 5-year CAGR of 0.0% stable price movement.
What kind of tenants rent in Grandview, WA?
Tenant demand in Grandview, WA is solid. The local workforce $1,224/mo rents across most rental classes.
Are there empty rentals in Grandview, WA?
Vacancy risk in Grandview, WA is elevated. That supports predictable cash flow for typical rental holds.
Which investment style suits Grandview, WA?
In Grandview, WA the sturdy play is typically careful cash-flow rentals with hands-on management. The combination of $344K prices and $1,224/mo rents suits that approach.
Is Grandview, WA a friendly market for rental owners?
Rental owners in Grandview, WA deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
You know 98930 now. You don’t know where it ranks.
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How 98930 ranks in Yakima, WA
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