20695 Mainland View Lane 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 20695 Mainland View Lane NE, Suquamish, WA, 98392 offers a 3.3% rental yield on a $849,000 purchase with $2,335/mo rent. 17% in year one. Equity gained on principal adds $5,478/yr while 5% annual appreciation supports $234,563 over five years. Portfolio math shows five-year ROI at 39.6% and total cumulative return in cash at $110,624. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,335/mo property income against a $4,155/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
1.31 Acres 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: Jeanette Paulus • Windermere RE West Sound Inc.
Mls Name: NWMLS
Mls ID: #2364973