307 Harbor BlvdBurbankWA99323
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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
Rental property for sale in Burbank at 307 Harbor Blvd, Burbank, WA, 99323 priced at $365,000 pairs $2,495/mo rent with $281/mo cash flow after a $1,786/mo payment. Total monthly income equals $2,495/mo, and annual cash flow comes to $3,369/yr on $120,998 invested. Return on cash invested is 22.69% in year one, and rental yield stands at 8.2% on a $365,000 basis. Equity gained on principal adds $2,355/yr, and 5% annual appreciation accumulates to $100,843 by year five. Five-year ROI measures 117.61% and total cumulative return in cash reaches $142,303. For financing, Ziffy Mortgage’s DSCR program evaluates $2,495/mo property income against a $1,786/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2018
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 99323, Burbank, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,399 (100%) |
| Owner Occupied HU | 1,140 (81.5%) |
| Renter Occupied HU | 219 (15.7%) |
| Vacant Housing Units | 40 ( 2.9%) |
| Median Home Value | $397,241 |
| Average Home Value | $438,555 |
Housing Distribution
Address Breakdown
Residential
1,208
Single Family
1,208
Multi-Family
0
Businesses
67
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Listed by: MICHAEL GIBSON • EXP Realty, LLC Tri Cities
Mls Name: PACMLS
Mls Provider:
Mls ID: #287678
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.