13214 Lakeridge Circle NWSilverdaleWA98383
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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 Silverdale at 13214 Lakeridge Circle NW, Silverdale, WA, 98383 generates $2,343/mo in rent and, after a $1,786/mo payment, leaves $149/mo in cash flow. Total monthly income is $2,343/mo, and annual cash flow is $1,793/yr on $120,998 invested. Return on cash invested sits at 21.39% in year one, and rental yield is 7.7% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 110.58% and total cumulative return in cash sums $133,795. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,343/mo property income rather than buyer’s personal income.
Townhouse
Built in 1988
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98383, Silverdale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,373 (100%) |
| Owner Occupied HU | 5,247 (56.0%) |
| Renter Occupied HU | 3,685 (39.3%) |
| Vacant Housing Units | 441 ( 4.7%) |
| Median Home Value | $634,834 |
| Average Home Value | $695,268 |
Housing Distribution
Address Breakdown
Residential
9,062
Single Family
6,182
Multi-Family
2,880
Businesses
1,387
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Listed by: Nicole Quinene • Windermere RE West Sound Inc.
Mls Name: NWMLS
Mls ID: #2439979