1700 SW Mulberry Place #A204Oak 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 1700 SW Mulberry Place #A204, Oak Harbor, WA, 98277 earns $841/mo cash flow from $2,764/mo rent with a $1,566/mo payment. Total monthly income totals $2,764/mo, and annual cash flow totals $10,089/yr on $106,047 capital. ROI tracks 29.42% on current figures, and rental yield reads 10.37% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 153.63% and total cumulative return in cash sums $162,920. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,764/mo property income instead of your personal income.
Condo
Built in 2007
N/A 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: Michelle Foggin • RE/MAX Gateway
Mls Name: NWMLS
Mls ID: #2401516