1475 SE 9th Avenue #AllOak HarborWA98277
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1475 SE 9th Avenue #All, Oak Harbor, WA, 98277 listed at $1,600,000 pairs $2,182/mo rent with a $7,831/mo payment. Total monthly income runs $2,182/mo. Return on cash invested measures 3.16% in year one, and rental yield registers 1.64% at a $1,600,000 basis. Equity gained on principal adds $10,325/yr, and annual property appreciation at 5% supports $442,051 by year five. Five-year ROI tracks 12.68% and total cumulative return in cash totals $65,715. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,182/mo property income relative to a $7,831/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1976
7,474 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexander Pfeiffer • Coldwell Banker 360 Team
Mls Name: NWMLS
Mls ID: #2443107