1316 Crystal LaneBurlingtonWA98233
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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 Burlington at 1316 Crystal Lane, Burlington, WA, 98233 uses $169,435 cash to close to unlock $443/yr annual cash flow and $37/mo monthly cash flow. Total monthly income runs $3,133/mo, and a $2,521/mo payment keeps the spread at $37/mo. Purchase price stands at $515,000, and rental yield measures 7.3% with $3,133/mo rent. Return on cash invested shows 20.32% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 104.78% and total cumulative return in cash records $177,541. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,133/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Single Family
Built in 1994
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98233, Burlington, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,544 (100%) |
| Owner Occupied HU | 4,008 (61.2%) |
| Renter Occupied HU | 2,291 (35.0%) |
| Vacant Housing Units | 245 ( 3.7%) |
| Median Home Value | $585,132 |
| Average Home Value | $608,769 |
Housing Distribution
Address Breakdown
Residential
6,321
Single Family
5,652
Multi-Family
669
Businesses
928
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Listed by: Shane Servoss • RE/MAX Gateway
Mls Name: NWMLS
Mls ID: #2436527