371 Mayer StreetCoupevilleWA98239
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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 Coupeville at 371 Mayer Street, Coupeville, WA, 98239 listed at $420,000 pairs $2,952/mo rent with a $2,056/mo payment to leave $427/mo cash flow. Total monthly income runs $2,952/mo, and annual cash flow reaches $5,124/yr on $139,230 cash to close. Return on cash invested measures 23.59% in year one, and rental yield registers 8.43% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 122.32% and total cumulative return in cash totals $170,311. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,952/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2022
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98239, Coupeville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,215 (100%) |
| Owner Occupied HU | 2,923 (69.3%) |
| Renter Occupied HU | 622 (14.8%) |
| Vacant Housing Units | 670 (15.9%) |
| Median Home Value | $709,163 |
| Average Home Value | $759,300 |
Housing Distribution
Address Breakdown
Residential
3,375
Single Family
3,192
Multi-Family
183
Businesses
329
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Listed by: Gavin Lang • RE/MAX Gateway
Mls Name: NWMLS
Mls ID: #2469113