11901 Larson RoadAnderson IslandWA98303
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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 Anderson Island at 11901 Larson Road, Anderson Island, WA, 98303 earns from $2,494/mo rent with a $6,608/mo payment. Total monthly income totals $2,494/mo. ROI tracks 4.95% on current figures, and rental yield reads 2.22% at a $1,350,000 purchase. Equity gained on principal adds $8,711/yr, and 5% annual appreciation supports $372,980 over five years. Five-year ROI reaches 22.28% and total cumulative return in cash sums $97,433. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,494/mo property income instead of your personal income.
Single Family
Built in 1969
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98303, Anderson Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,174 (100%) |
| Owner Occupied HU | 612 (52.1%) |
| Renter Occupied HU | 81 ( 6.9%) |
| Vacant Housing Units | 481 (41.0%) |
| Median Home Value | $645,701 |
| Average Home Value | $708,538 |
Housing Distribution
Address Breakdown
Residential
960
Single Family
960
Multi-Family
0
Businesses
19
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Listed by: Christopher P Murphy • COMPASS
Mls Name: NWMLS
Mls ID: #2386133