1951 Bartl DriveCamano IslandWA98282
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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 Camano Island at 1951 Bartl Drive, Camano Island, WA, 98282 uses $124,147 cash to close to unlock $10,810/yr annual cash flow and $901/mo monthly cash flow. Total monthly income runs $3,152/mo, and a $1,833/mo payment keeps the spread at $901/mo. Purchase price stands at $374,500, and rental yield measures 10.1% with $3,152/mo rent. Return on cash invested shows 28.62% in year one, and 5% annual appreciation builds toward $103,467 over five years. Five-year ROI reaches 149.3% and total cumulative return in cash records $185,354. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,152/mo property income covering a $1,833/mo payment rather than investor’s personal income.
Manufactured
Built in 1979
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98282, Camano Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,290 (100%) |
| Owner Occupied HU | 6,973 (75.1%) |
| Renter Occupied HU | 783 ( 8.4%) |
| Vacant Housing Units | 1,534 (16.5%) |
| Median Home Value | $707,964 |
| Average Home Value | $776,745 |
Housing Distribution
Address Breakdown
Residential
8,154
Single Family
8,154
Multi-Family
0
Businesses
108
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Listed by: Brock Reinecke • Windermere Real Estate/M2, LLC
Mls Name: NWMLS
Mls ID: #2465203