2300 N Bluff RoadGreenbankWA98253
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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 Greenbank at 2300 N Bluff Road, Greenbank, WA, 98253 listed at $525,000 pairs $3,217/mo rent with a $2,570/mo payment to leave $61/mo cash flow. Total monthly income runs $3,217/mo, and annual cash flow reaches $729/yr on $172,725 cash to close. Return on cash invested measures 20.48% in year one, and rental yield registers 7.35% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 105.66% and total cumulative return in cash totals $182,493. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,217/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98253, Greenbank, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,465 (100%) |
| Owner Occupied HU | 897 (61.2%) |
| Renter Occupied HU | 127 ( 8.7%) |
| Vacant Housing Units | 441 (30.1%) |
| Median Home Value | $771,679 |
| Average Home Value | $832,196 |
Housing Distribution
Address Breakdown
Residential
1,095
Single Family
1,095
Multi-Family
0
Businesses
78
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Listed by: Loralynn Wilbur • Keller Williams Realty Bothell
Mls Name: NWMLS
Mls ID: #2427026