1201 SW Harrier Circle #202Oak HarborWA98277
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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 Oak Harbor at 1201 SW Harrier Circle #202, Oak Harbor, WA, 98277 uses $73,593 cash to close to unlock $5,209/yr annual cash flow and $434/mo monthly cash flow. Total monthly income runs $2,227/mo, and a $1,087/mo payment keeps the spread at $434/mo. Purchase price stands at $222,000, and rental yield measures 12.04% with $2,227/mo rent. Return on cash invested shows 26.99% in year one, and 5% annual appreciation builds toward $61,335 over five years. Five-year ROI reaches 143.35% and total cumulative return in cash records $105,495. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,227/mo property income covering a $1,087/mo payment rather than investor’s personal income.
Condo
Built in 1980
2,408 sqft lot
$N/A/sqft
$458 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98277, Oak Harbor, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,793 (100%) |
| Owner Occupied HU | 10,670 (60.0%) |
| Renter Occupied HU | 6,063 (34.1%) |
| Vacant Housing Units | 1,060 ( 6.0%) |
| Median Home Value | $508,169 |
| Average Home Value | $585,098 |
Housing Distribution
Address Breakdown
Residential
16,785
Single Family
15,582
Multi-Family
1,203
Businesses
983
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Listed by: Karen Cox • Windermere Whidbey Island
Mls Name: NWMLS
Mls Provider:
Mls ID: #2373982
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)