381 W Bluff RdPoint RobertsWA98281
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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 Point Roberts at 381 W Bluff Rd, Point Roberts, WA, 98281 priced at $789,000 pairs $2,328/mo rent with after a $3,862/mo payment. Total monthly income equals $2,328/mo. Return on cash invested is 8.9% in year one, and rental yield stands at 3.54% on a $789,000 basis. Equity gained on principal adds $5,091/yr, and 5% annual appreciation accumulates to $217,986 by year five. Five-year ROI measures 43.5% and total cumulative return in cash reaches $112,930. For financing, Ziffy Mortgage’s DSCR program evaluates $2,328/mo property income against a $3,862/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
7,032 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98281, Point Roberts, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,253 (100%) |
| Owner Occupied HU | 535 (23.7%) |
| Renter Occupied HU | 122 ( 5.4%) |
| Vacant Housing Units | 1,596 (70.8%) |
| Median Home Value | $563,976 |
| Average Home Value | $626,715 |
Housing Distribution
Address Breakdown
Residential
1,565
Single Family
1,565
Multi-Family
0
Businesses
162
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Listed by: Greg Heppner • National Real Estate Point Roberts
Mls Name: My State MLS
Mls ID: #11552945