3474 Old Highway 99 Road NBurlingtonWA98233
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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 Burlington at 3474 Old Highway 99 Road N, Burlington, WA, 98233 generates $2,393/mo in rent and, after a $636/mo payment, leaves $1,608/mo in cash flow. Total monthly income is $2,393/mo, and annual cash flow is $19,298/yr on $43,062 invested. Return on cash invested sits at 64.72% in year one, and rental yield is 22.11% on a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 343.06% and total cumulative return in cash sums $147,727. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,393/mo property income rather than buyer’s personal income.
Lot
Built in N/A
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98233, Burlington, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,544 (100%) |
| Owner Occupied HU | 4,008 (61.2%) |
| Renter Occupied HU | 2,291 (35.0%) |
| Vacant Housing Units | 245 ( 3.7%) |
| Median Home Value | $585,132 |
| Average Home Value | $608,769 |
Housing Distribution
Address Breakdown
Residential
6,321
Single Family
5,652
Multi-Family
669
Businesses
928
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Listed by: Javier Rangel • Keller Williams Western Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #1952737
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.