215 Driftwood Shores RdCamano 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 215 Driftwood Shores Rd, Camano Island, WA, 98282 with 5% annual appreciation on a $1,000,000 basis while $1,889/mo rent supports operations. 02% in year one. Equity gained on principal adds $6,453/yr, and five-year appreciation sums $276,282 alongside rental yield of 2.27%. Five-year ROI measures 22.75% and total cumulative return in cash totals $74,860. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,889/mo property income versus a $4,895/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1971
10,454 sqft 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: N/A • N/A
Mls Name: FSBO-Online.com
Mls ID: #N/A