1006 NE Lindsay StreetCoupevilleWA98239
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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 1006 NE Lindsay Street, Coupeville, WA, 98239 generates $2,400/mo in rent and, after a $1,786/mo payment, leaves $206/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $2,477/yr on $120,998 invested. Return on cash invested sits at 21.96% in year one, and rental yield is 7.89% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 113.6% and total cumulative return in cash sums $137,455. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Townhouse
Built in 1972
N/A 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: Jonathan Minerick • homecoin.com
Mls Name: NWMLS
Mls ID: #2474659