








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 2619 194th Avenue SW, Lakebay, WA, 98349 uses $147,484 cash to close to unlock $2,856/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $2,932/mo, and a $2,178/mo payment keeps the spread at $238/mo. Purchase price stands at $444,900, and rental yield measures 7.91% with $2,932/mo rent. Return on cash invested shows 21.85% in year one, and 5% annual appreciation builds toward $122,918 over five years. Five-year ROI reaches 113.09% and total cumulative return in cash records $166,789. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,932/mo property income covering a $2,178/mo payment rather than investor’s personal income.
Single Family
Built in 2006
10,497 sqft lot
$N/A/sqft
$230 annually 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 |
|---|---|---|
| 2025-11-05 | Listed for sale | $444,900 |
| 2015-06-26 | Sold | $155,000 |
| 2015-06-03 | Pending sale | $172,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-07 | $341.06 | -1.35% | $51,840 | N/A |
| 2023-11-07 | $345.72 | -33.81% | $51,840 | -34.87% |
| 2022-11-07 | $522.28 | -12.30% | $79,600 | N/A |



Listed by: Jim Pullin • Skyline Properties, Inc.
Mls Name: NWMLS
Mls Provider:
Mls ID: #2452171
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-07 08:49:09 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)