281 Maritime RoadBlakely IslandWA98222
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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 Blakely Island at 281 Maritime Road, Blakely Island, WA, 98222 earns from $1,579/mo rent with a $3,059/mo payment. Total monthly income totals $1,579/mo. ROI tracks 7.35% on current figures, and rental yield reads 3.03% at a $625,000 purchase. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 over five years. Five-year ROI reaches 35.24% and total cumulative return in cash sums $72,469. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,579/mo property income instead of your personal income.
Single Family
Built in 1979
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98222, Blakely Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 216 (100%) |
| Owner Occupied HU | 20 ( 9.3%) |
| Renter Occupied HU | 6 ( 2.8%) |
| Vacant Housing Units | 190 (88.0%) |
| Median Home Value | $875,000 |
| Average Home Value | $912,500 |
Housing Distribution
Address Breakdown
Residential
13
Single Family
13
Multi-Family
0
Businesses
0
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Listed by: Donnie Rubenack • Keller Williams Western Realty
Mls Name: NWMLS
Mls ID: #2414878