1933 Orcas WayPt RobertsWA98281
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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 Pt Roberts at 1933 Orcas Way, Pt Roberts, WA, 98281 uses $99,417 cash to close to unlock $4,153/yr annual cash flow and $346/mo monthly cash flow. Total monthly income runs $2,149/mo, and a $1,468/mo payment keeps the spread at $346/mo. Purchase price stands at $299,900, and rental yield measures 8.6% with $2,149/mo rent. Return on cash invested shows 24.09% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 125.05% and total cumulative return in cash records $124,324. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,149/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1970
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98281, Point Roberts, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,253 (100%) |
| Owner Occupied HU | 535 (23.7%) |
| Renter Occupied HU | 122 ( 5.4%) |
| Vacant Housing Units | 1,596 (70.8%) |
| Median Home Value | $563,976 |
| Average Home Value | $626,715 |
Housing Distribution
Address Breakdown
Residential
1,565
Single Family
1,565
Multi-Family
0
Businesses
162
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Listed by: Philip Seel • Lifeline Equity
Mls Name: NWMLS
Mls ID: #2410494