266 Quillyute PlaceLa ConnerWA98257
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 266 Quillyute Place, La Conner, WA, 98257 in La Conner. Priced at $424,500, it generates $4,244/mo in gross rent and $1,693/mo in net monthly cash flow, a 12% yield that comfortably supports the 2.22 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $20,312. Five-year appreciation: $117,282. Equity from principal paydown: $3,910/yr. Total projected cumulative return: $269,511.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.2% |
| Monthly Cash Flow | $1,693 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,244 |
| Total Monthly Debt Service | $2,383 |
| DSCR Ratio | 1.78x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
9,574 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98257, La Conner, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,392 (100%) |
| Owner Occupied HU | 1,635 (68.4%) |
| Renter Occupied HU | 499 (20.9%) |
| Vacant Housing Units | 258 (10.8%) |
| Median Home Value | $659,539 |
| Average Home Value | $724,063 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,605
Multi-Family
122
Businesses
227
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1988
9,574 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98257, La Conner, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,392 (100%) |
| Owner Occupied HU | 1,635 (68.4%) |
| Renter Occupied HU | 499 (20.9%) |
| Vacant Housing Units | 258 (10.8%) |
| Median Home Value | $659,539 |
| Average Home Value | $724,063 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,605
Multi-Family
122
Businesses
227
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Betsy Anorbe • John L. Scott Anacortes
Mls Name: NWMLS
Mls ID: #2451504