405 Maple AvenueLa ConnerWA98257
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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 La Conner at 405 Maple Avenue, La Conner, WA, 98257 priced at $739,000 pairs $3,848/mo rent with after a $3,617/mo payment. Total monthly income equals $3,848/mo. Return on cash invested is 17.13% in year one, and rental yield stands at 6.25% on a $739,000 basis. Equity gained on principal adds $4,769/yr, and 5% annual appreciation accumulates to $204,172 by year five. Five-year ROI measures 87.65% and total cumulative return in cash reaches $213,116. For financing, Ziffy Mortgage’s DSCR program evaluates $3,848/mo property income against a $3,617/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98257, La Conner, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,392 (100%) |
| Owner Occupied HU | 1,635 (68.4%) |
| Renter Occupied HU | 499 (20.9%) |
| Vacant Housing Units | 258 (10.8%) |
| Median Home Value | $659,539 |
| Average Home Value | $724,063 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,605
Multi-Family
122
Businesses
227
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Listed by: George H. Roth • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2470821