33 Barnacle LnOlgaWA98279
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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 Olga at 33 Barnacle Ln, Olga, WA, 98279 earns $1,222/mo cash flow from $5,520/mo rent with a $3,500/mo payment. Total monthly income totals $5,520/mo, and annual cash flow totals $14,659/yr on $235,235 capital. ROI tracks 26.29% on current figures, and rental yield reads 9.26% at a $715,000 purchase. Equity gained on principal adds $4,614/yr, and 5% annual appreciation supports $197,541 over five years. Five-year ROI reaches 136.8% and total cumulative return in cash sums $321,801. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,520/mo property income instead of your personal income.
Single Family
Built in 1988
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98279, Olga, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 748 (100%) |
| Owner Occupied HU | 307 (41.0%) |
| Renter Occupied HU | 79 (10.6%) |
| Vacant Housing Units | 362 (48.4%) |
| Median Home Value | $962,054 |
| Average Home Value | $1,188,819 |
Housing Distribution
Address Breakdown
Residential
341
Single Family
341
Multi-Family
0
Businesses
25
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Listed by: Whitney King • Windermere RE Orcas Island
Mls Name: NWMLS
Mls ID: #2427426