








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Lakebay at 2219 Key Peninsula Highway SW, Lakebay, WA, 98349 listed at $1,195,000 pairs $2,640/mo rent with a $5,849/mo payment. Total monthly income runs $2,640/mo. Return on cash invested measures 6.29% in year one, and rental yield registers 2.65% at a $1,195,000 basis. Equity gained on principal adds $7,711/yr, and annual property appreciation at 5% supports $330,156 by year five. Five-year ROI tracks 29.46% and total cumulative return in cash totals $114,074. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $5,849/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
7.35 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98349, Lakebay, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,736 (100%) |
| Owner Occupied HU | 1,798 (65.7%) |
| Renter Occupied HU | 277 (10.1%) |
| Vacant Housing Units | 661 (24.2%) |
| Median Home Value | $616,279 |
| Average Home Value | $639,491 |
Residential
1,707
Single Family
1,707
Multi-Family
0
Businesses
74
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Dan K. Olague • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2402196