3178 Baby Island RoadLangleyWA98260
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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 Langley at 3178 Baby Island Road, Langley, WA, 98260 generates $2,700/mo in rent, after a $8,786/mo payment. Total monthly income is $2,700/mo. Return on cash invested sits at 3.68% in year one, and rental yield is 1.81% on a $1,795,000 entry. Equity gained on principal adds $11,583/yr, while 5% annual appreciation builds toward $495,925 over five years. Five-year ROI reaches 15.46% and total cumulative return in cash sums $89,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,700/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98260, Langley, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,557 (100%) |
| Owner Occupied HU | 2,282 (64.2%) |
| Renter Occupied HU | 569 (16.0%) |
| Vacant Housing Units | 706 (19.8%) |
| Median Home Value | $759,660 |
| Average Home Value | $854,477 |
Housing Distribution
Address Breakdown
Residential
2,798
Single Family
2,798
Multi-Family
0
Businesses
258
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Listed by: Robin Sheridan • COMPASS
Mls Name: NWMLS
Mls ID: #2427944