280 SW Ballast WayOak HarborWA98277
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
Investment Highlights
Investment property for sale in Oak Harbor at 280 SW Ballast Way, Oak Harbor, WA, 98277 at $524,900 posts ROI 18.15% with from $2,880/mo rent. Total monthly income equals $2,880/mo. Return on cash invested measures 18.15% and rental yield reads 6.58% at the current $524,900. Equity gained on principal adds $3,387/yr, and 5% annual appreciation supports $145,020 by year five. Five-year ROI prints 93.13% and total cumulative return in cash totals $160,825. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2022
2,683 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98277, Oak Harbor, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,793 (100%) |
| Owner Occupied HU | 10,670 (60.0%) |
| Renter Occupied HU | 6,063 (34.1%) |
| Vacant Housing Units | 1,060 ( 6.0%) |
| Median Home Value | $508,169 |
| Average Home Value | $585,098 |
Housing Distribution
Address Breakdown
Residential
16,785
Single Family
15,582
Multi-Family
1,203
Businesses
983
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Annie Cash • Windermere Whidbey Island
Mls Name: NWMLS
Mls ID: #2413677