110 Cressey LanePort LudlowWA98365
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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
Investment property for sale in Port Ludlow at 110 Cressey Lane, Port Ludlow, WA, 98365 offers a 6.87% rental yield on a $629,000 purchase with $3,600/mo rent. 01% in year one. Equity gained on principal adds $4,059/yr while 5% annual appreciation supports $173,781 over five years. Portfolio math shows five-year ROI at 97.74% and total cumulative return in cash at $202,269. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $3,079/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98365, Port Ludlow, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,308 (100%) |
| Owner Occupied HU | 2,438 (73.7%) |
| Renter Occupied HU | 260 ( 7.9%) |
| Vacant Housing Units | 610 (18.4%) |
| Median Home Value | $664,991 |
| Average Home Value | $723,065 |
Housing Distribution
Address Breakdown
Residential
2,857
Single Family
2,839
Multi-Family
18
Businesses
113
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Listed by: Meg Burkett • Realogics Sotheby's Int'l Rlty
Mls Name: NWMLS
Mls ID: #2440949