1523 Whitecap LaneOak HarborWA98277
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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 Oak Harbor at 1523 Whitecap Lane, Oak Harbor, WA, 98277 earns from $2,662/mo rent with a $4,283/mo payment. Total monthly income totals $2,662/mo. ROI tracks 9.23% on current figures, and rental yield reads 3.65% at a $875,000 purchase. Equity gained on principal adds $5,646/yr, and 5% annual appreciation supports $241,746 over five years. Five-year ROI reaches 45.3% and total cumulative return in cash sums $130,415. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,662/mo property income instead of your personal income.
Single Family
Built in 1976
6,699 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
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Listed by: Robert K. Skelton • Windermere RE Anacortes Prop.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2392739
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-25 22:19:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)