18701 Harris Avenue NESuquamishWA98392
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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 Suquamish at 18701 Harris Avenue NE, Suquamish, WA, 98392 listed at $367,777 pairs $2,243/mo rent with a $1,800/mo payment to leave $32/mo cash flow. Total monthly income runs $2,243/mo, and annual cash flow reaches $388/yr on $121,918 cash to close. Return on cash invested measures 20.23% in year one, and rental yield registers 7.32% at a $367,777 basis. Equity gained on principal adds $2,373/yr, and annual property appreciation at 5% supports $101,610 by year five. Five-year ROI tracks 104.34% and total cumulative return in cash totals $127,215. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,243/mo property income relative to a $1,800/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98392, Suquamish, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,419 (100%) |
| Owner Occupied HU | 1,032 (72.7%) |
| Renter Occupied HU | 281 (19.8%) |
| Vacant Housing Units | 106 ( 7.5%) |
| Median Home Value | $707,801 |
| Average Home Value | $803,544 |
Housing Distribution
Address Breakdown
Residential
1,086
Single Family
1,086
Multi-Family
0
Businesses
69
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Listed by: James J Bergstrom • Paramount Real Estate Group
Mls Name: NWMLS
Mls ID: #2442338