306 SilverspurOak HarborWA98277
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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 Oak Harbor at 306 Silverspur, Oak Harbor, WA, 98277 listed at $107,500 pairs $2,088/mo rent with a $526/mo payment to leave $1,442/mo cash flow. Total monthly income runs $2,088/mo, and annual cash flow reaches $17,304/yr on $35,636 cash to close. Return on cash invested measures 68.46% in year one, and rental yield registers 23.31% at a $107,500 basis. Equity gained on principal adds $694/yr, and annual property appreciation at 5% supports $29,700 by year five. Five-year ROI tracks 362.99% and total cumulative return in cash totals $129,355. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,088/mo property income relative to a $526/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1988
N/A 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
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Listed by: Chad Paulsen • NextHome 365 Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2379738
Disclaimer: Based on information submitted to the MLS GRID as of 2025-11-04 21:59:24 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)