1003 NE Summit LoopCoupevilleWA98239
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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 Coupeville at 1003 NE Summit Loop, Coupeville, WA, 98239 generates $3,768/mo in rent, after a $3,911/mo payment. Total monthly income is $3,768/mo. Return on cash invested sits at 15.33% in year one, and rental yield is 5.66% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 78.04% and total cumulative return in cash sums $205,146. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,768/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98239, Coupeville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,215 (100%) |
| Owner Occupied HU | 2,923 (69.3%) |
| Renter Occupied HU | 622 (14.8%) |
| Vacant Housing Units | 670 (15.9%) |
| Median Home Value | $709,163 |
| Average Home Value | $759,300 |
Housing Distribution
Address Breakdown
Residential
3,375
Single Family
3,192
Multi-Family
183
Businesses
329
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Listed by: Konni Smith • Windermere Whidbey Island
Mls Name: NWMLS
Mls ID: #2436717