287 Fairhaven DriveFreelandWA98249
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
Rental property for sale in Freeland at 287 Fairhaven Drive, Freeland, WA, 98249 generates $3,613/mo in rent, after a $4,645/mo payment. Total monthly income is $3,613/mo. Return on cash invested sits at 12.02% in year one, and rental yield is 4.57% on a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation builds toward $262,191 over five years. Five-year ROI reaches 60.28% and total cumulative return in cash sums $188,196. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,613/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
9,962 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98249, Freeland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,306 (100%) |
| Owner Occupied HU | 2,080 (62.9%) |
| Renter Occupied HU | 403 (12.2%) |
| Vacant Housing Units | 823 (24.9%) |
| Median Home Value | $731,557 |
| Average Home Value | $844,078 |
Housing Distribution
Address Breakdown
Residential
2,673
Single Family
2,673
Multi-Family
0
Businesses
335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Woessner • Better Homes&Gardens McKenzie
Mls Name: NWMLS
Mls ID: #2438903