264 Shaw Park RoadShaw IslandWA98286
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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 Shaw Island at 264 Shaw Park Road, Shaw Island, WA, 98286 with 5% annual appreciation on a $1,450,000 basis while $2,185/mo rent supports operations. 69% in year one. Equity gained on principal adds $9,357/yr, and five-year appreciation sums $400,608 alongside rental yield of 1.81%. Five-year ROI measures 15.51% and total cumulative return in cash totals $72,885. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,185/mo property income versus a $7,097/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98286, Shaw Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 247 (100%) |
| Owner Occupied HU | 89 (36.0%) |
| Renter Occupied HU | 23 ( 9.3%) |
| Vacant Housing Units | 135 (54.7%) |
| Median Home Value | $754,808 |
| Average Home Value | $836,067 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
10
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Listed by: Curman Baier • COMPASS
Mls Name: NWMLS
Mls ID: #2430232