335 Blakely DriveBlakely IslandWA98222
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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 Blakely Island at 335 Blakely Drive, Blakely Island, WA, 98222 priced at $895,000 pairs $2,797/mo rent with after a $4,381/mo payment. Total monthly income equals $2,797/mo. Return on cash invested is 9.53% in year one, and rental yield stands at 3.75% on a $895,000 basis. Equity gained on principal adds $5,775/yr, and 5% annual appreciation accumulates to $247,272 by year five. Five-year ROI measures 46.93% and total cumulative return in cash reaches $138,182. For financing, Ziffy Mortgage’s DSCR program evaluates $2,797/mo property income against a $4,381/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98222, Blakely Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 216 (100%) |
| Owner Occupied HU | 20 ( 9.3%) |
| Renter Occupied HU | 6 ( 2.8%) |
| Vacant Housing Units | 190 (88.0%) |
| Median Home Value | $875,000 |
| Average Home Value | $912,500 |
Housing Distribution
Address Breakdown
Residential
13
Single Family
13
Multi-Family
0
Businesses
0
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Listed by: Kimberly Jones • The Preview Group
Mls Name: NWMLS
Mls ID: #2363453