1822 190th Avenue SW, Lakebay, WA, 98349 | $151/mo Cash Flow

For Sale

Airbnb Potential

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lakebay at 1822 190th Avenue SW, Lakebay, WA, 98349 uses $116,025 cash to close to unlock $1,814/yr annual cash flow and $151/mo monthly cash flow. Total monthly income runs $2,255/mo, and a $1,713/mo payment keeps the spread at $151/mo. Purchase price stands at $350,000, and rental yield measures 7.73% with $2,255/mo rent. Return on cash invested shows 21.47% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 111.03% and total cumulative return in cash records $128,822. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,255/mo property income covering a $1,713/mo payment rather than investor’s personal income.

Single Family

Built in 1976

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Snuggle into 864 square feet of pure charm in this updated cabin. The loft-style bedroom is the perfect hideaway, while the refreshed main-floor bath adds a touch of modern ease. The kitchen features granite countertops, ample cabinetry and all appliances are included. You will enjoy laminate flooring, newer carpet in the loft, newer windows and a ductless mini-split for year-round comfort. The fully fenced yard is ideal for gardening and/or relaxing on the deck. There is room for RV parking as well as an electric car charger, blending rustic charm with modern convenience. Whether youre dreaming of a weekend getaway or a full-time retreat this cabin wraps does it all.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98349, Lakebay, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,736 (100%)
Owner Occupied HU	1,798 (65.7%)
Renter Occupied HU	277 (10.1%)
Vacant Housing Units	661 (24.2%)
Median Home Value	$616,279
Average Home Value	$639,491