380 Harper RoadEastsoundWA98245
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Nearby investment properties with comparable prices
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 Eastsound at 380 Harper Road, Eastsound, WA, 98245 offers $5,280/mo rent that, after a $3,813/mo payment, leaves $597/mo cash flow. Total monthly income is $5,280/mo, and annual cash flow is $7,165/yr on $256,291 cash. Return on cash invested measures 22.86% in year one, and rental yield stands at 8.13% at a $779,000 entry. Equity gained on principal adds $5,027/yr while 5% annual appreciation compounds into $215,223 by year five. Five-year ROI records 118.39% and total cumulative return in cash reaches $303,422. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,280/mo property income versus a $3,813/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
5.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98245, Eastsound, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,258 (100%) |
| Owner Occupied HU | 1,673 (51.4%) |
| Renter Occupied HU | 569 (17.5%) |
| Vacant Housing Units | 1,016 (31.2%) |
| Median Home Value | $906,734 |
| Average Home Value | $1,102,261 |
Housing Distribution
Address Breakdown
Residential
1,578
Single Family
1,553
Multi-Family
25
Businesses
385
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Listed by: Greg White • Windermere RE Orcas Island
Mls Name: NWMLS
Mls ID: #2432824