1610 SE PioneerOak 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 1610 SE Pioneer, Oak Harbor, WA, 98277 uses $165,419 cash to close to unlock $2,157/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $3,179/mo, and a $2,442/mo payment keeps the spread at $180/mo. Purchase price stands at $499,000, and rental yield measures 7.64% with $3,179/mo rent. Return on cash invested shows 21.21% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 109.59% and total cumulative return in cash records $181,290. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,179/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Multi Family
Built in 1946
9,391 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: Lisa Gail Anderson • Century 21 North Homes Realty
Mls Name: NWMLS
Mls ID: #2430622