1413 14th StAnacortesWA98221
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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
Total monthly income runs $2,048/mo, and a $2,178/mo payment. Purchase price stands at $445,000, and rental yield measures 5.52% with $2,048/mo rent. Return on cash invested shows 14.81% in year one, and 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 75.29% and total cumulative return in cash records $111,068. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,048/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Single Family
Built in 1924
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98221, Anacortes, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,541 (100%) |
| Owner Occupied HU | 7,842 (62.5%) |
| Renter Occupied HU | 2,828 (22.6%) |
| Vacant Housing Units | 1,871 (14.9%) |
| Median Home Value | $782,913 |
| Average Home Value | $885,649 |
Housing Distribution
Address Breakdown
Residential
10,561
Single Family
10,085
Multi-Family
476
Businesses
1,026
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Listed by: Jay Kiesser • RE/MAX Gateway
Mls Name: NWMLS
Mls ID: #2411848