1940 APA RoadPoint 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 Point Roberts at 1940 APA Road, Point Roberts, WA, 98281 offers a 3.01% rental yield on a $1,150,000 purchase with $2,880/mo rent. 38% in year one. Equity gained on principal adds $7,421/yr while 5% annual appreciation supports $317,724 over five years. Portfolio math shows five-year ROI at 35.32% and total cumulative return in cash at $131,601. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,880/mo property income against a $5,629/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2006
9.89 Acres 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: Daniel Schroeder • Boundary Bay Realty LLC
Mls Name: NWMLS
Mls ID: #2431750