Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Oak Harbor at 1851 SW Cooper Way, Oak Harbor, WA, 98277 priced at $480,000 converts $3,078/mo rent into $165/mo cash flow after a $2,349/mo obligation. Total monthly income equals $3,078/mo, and annual cash flow totals $1,984/yr on $159,120 invested. Return on cash invested prints 21.16% in year one, and rental yield reads 7.7% against a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,615 by year five. Five-year ROI reaches 109.38% and total cumulative return in cash sums $174,053. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,078/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Townhouse
Built in 2019
3,484 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood data shown for ZIP Code: 98277, Oak Harbor, WA area.
| 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 |
Residential
16,785
Single Family
15,582
Multi-Family
1,203
Businesses
983
Date | Event | Price |
|---|---|---|
| 2025-09-26 | Sold | $480,000 |
| 2025-08-05 | Pending sale | $485,000 |
| 2025-07-20 | Price change | $485,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $4114.07 | 1.15% | $484,953 | 0.60% |
| 2023-10-22 | $4067.26 | 0.71% | $482,078 | 7.02% |
| 2022-10-22 | $4038.78 | 6.00% | $450,458 | 26.76% |
Listed by: Shalen H Southard • eXp Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2371831
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)
