428 Harborview Drive NE #112Bainbridge IslandWA98110
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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
Total monthly income runs $3,431/mo, and a $5,384/mo payment. Purchase price stands at $1,100,000, and rental yield measures 3.74% with $3,431/mo rent. Return on cash invested shows 9.66% in year one, and 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 47.53% and total cumulative return in cash records $169,411. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,431/mo property income covering a $5,384/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98110, Bainbridge Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,365 (100%) |
| Owner Occupied HU | 8,203 (72.2%) |
| Renter Occupied HU | 2,069 (18.2%) |
| Vacant Housing Units | 1,093 ( 9.6%) |
| Median Home Value | $1,125,533 |
| Average Home Value | $1,245,027 |
Housing Distribution
Address Breakdown
Residential
10,826
Single Family
9,449
Multi-Family
1,377
Businesses
1,128
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Listed by: Debra Nitsche • Windermere RE Bainbridge
Mls Name: NWMLS
Mls ID: #2408880