21 Blueberry Hill RoadPort LudlowWA98365
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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 Port Ludlow at 21 Blueberry Hill Road, Port Ludlow, WA, 98365 priced at $549,999 converts $3,120/mo rent into after a $2,692/mo obligation. Total monthly income equals $3,120/mo. Return on cash invested prints 18.83% in year one, and rental yield reads 6.81% against a $549,999 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 96.75% and total cumulative return in cash sums $175,077. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,120/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98365, Port Ludlow, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,308 (100%) |
| Owner Occupied HU | 2,438 (73.7%) |
| Renter Occupied HU | 260 ( 7.9%) |
| Vacant Housing Units | 610 (18.4%) |
| Median Home Value | $664,991 |
| Average Home Value | $723,065 |
Housing Distribution
Address Breakdown
Residential
2,857
Single Family
2,839
Multi-Family
18
Businesses
113
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Listed by: Jessica Yates • Sterling Property Group
Mls Name: NWMLS
Mls ID: #2457747