2445 Discovery PlaceLangleyWA98260
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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 Langley at 2445 Discovery Place, Langley, WA, 98260 listed at $950,000 pairs $4,010/mo rent with a $4,650/mo payment. Total monthly income runs $4,010/mo. Return on cash invested measures 13.53% in year one, and rental yield registers 5.07% at a $950,000 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,467 by year five. Five-year ROI tracks 68.38% and total cumulative return in cash totals $213,710. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,010/mo property income relative to a $4,650/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98260, Langley, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,557 (100%) |
| Owner Occupied HU | 2,282 (64.2%) |
| Renter Occupied HU | 569 (16.0%) |
| Vacant Housing Units | 706 (19.8%) |
| Median Home Value | $759,660 |
| Average Home Value | $854,477 |
Housing Distribution
Address Breakdown
Residential
2,798
Single Family
2,798
Multi-Family
0
Businesses
258
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Listed by: Andy Erlandson • John L. Scott Whidbey Island S
Mls Name: NWMLS
Mls ID: #2422297