297 Lewis Road WSeabeckWA98380
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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 Seabeck at 297 Lewis Road W, Seabeck, WA, 98380 listed at $549,000 pairs $3,437/mo rent with a $2,687/mo payment to leave $137/mo cash flow. Total monthly income runs $3,437/mo, and annual cash flow reaches $1,643/yr on $180,621 cash to close. Return on cash invested measures 20.97% in year one, and rental yield registers 7.51% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 108.26% and total cumulative return in cash totals $195,536. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,437/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
2.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98380, Seabeck, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,214 (100%) |
| Owner Occupied HU | 1,782 (80.5%) |
| Renter Occupied HU | 183 ( 8.3%) |
| Vacant Housing Units | 249 (11.2%) |
| Median Home Value | $678,919 |
| Average Home Value | $781,692 |
Housing Distribution
Address Breakdown
Residential
1,865
Single Family
1,865
Multi-Family
0
Businesses
105
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Listed by: Emily Addis • Windermere PeninsulaProperties
Mls Name: NWMLS
Mls ID: #2471419