1934 Waters RdPt 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
Rental property for sale in Pt Roberts at 1934 Waters Rd, Pt Roberts, WA, 98281 generates $2,320/mo in rent, after a $2,002/mo payment. Total monthly income is $2,320/mo. Return on cash invested sits at 18.68% in year one, and rental yield is 6.81% on a $409,000 entry. Equity gained on principal adds $2,639/yr, while 5% annual appreciation builds toward $112,999 over five years. Five-year ROI reaches 96.04% and total cumulative return in cash sums $130,209. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
6,098 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: Kristen Rock • National Real Estate Point Roberts
Mls Name: My State MLS
Mls ID: #11535159