1043 Nootka DriveFox IslandWA98333
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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 Fox Island at 1043 Nootka Drive, Fox Island, WA, 98333 generates $3,180/mo in rent, after a $3,791/mo payment. Total monthly income is $3,180/mo. Return on cash invested sits at 13.11% in year one, and rental yield is 4.93% on a $774,500 entry. Equity gained on principal adds $4,998/yr, while 5% annual appreciation builds toward $213,980 over five years. Five-year ROI reaches 66.12% and total cumulative return in cash sums $168,486. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,180/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98333, Fox Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,706 (100%) |
| Owner Occupied HU | 1,451 (85.1%) |
| Renter Occupied HU | 113 ( 6.6%) |
| Vacant Housing Units | 142 ( 8.3%) |
| Median Home Value | $956,250 |
| Average Home Value | $1,069,030 |
Housing Distribution
Address Breakdown
Residential
1,410
Single Family
1,410
Multi-Family
0
Businesses
64
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Listed by: Jenna Longenecker • Neighborhood Experts Real Est.
Mls Name: NWMLS
Mls ID: #2437274