130 Pleasant LaneCamano IslandWA98282
Nearby investment properties with comparable rents
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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 Camano Island at 130 Pleasant Lane, Camano Island, WA, 98282 priced at $1,749,000 converts $3,666/mo rent into after a $8,560/mo obligation. Total monthly income equals $3,666/mo. Return on cash invested prints 5.87% in year one, and rental yield reads 2.52% against a $1,749,000 entry. Equity gained on principal adds $11,286/yr, while 5% annual appreciation compiles into $483,216 by year five. Five-year ROI reaches 27.22% and total cumulative return in cash sums $154,243. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,666/mo property income covering a $8,560/mo payment, not borrower’s personal income.
Single Family
Built in 1959
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98282, Camano Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,290 (100%) |
| Owner Occupied HU | 6,973 (75.1%) |
| Renter Occupied HU | 783 ( 8.4%) |
| Vacant Housing Units | 1,534 (16.5%) |
| Median Home Value | $707,964 |
| Average Home Value | $776,745 |
Housing Distribution
Address Breakdown
Residential
8,154
Single Family
8,154
Multi-Family
0
Businesses
108
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Listed by: Julie Love • Windermere Real Estate/CIR
Mls Name: NWMLS
Mls ID: #2436937