433 KlickitatLa 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 433 Klickitat, La Conner, WA, 98257 offers $2,094/mo rent that, after a $1,454/mo payment, leaves $308/mo cash flow. Total monthly income is $2,094/mo, and annual cash flow is $3,700/yr on $98,456 cash. Return on cash invested measures 23.67% in year one, and rental yield stands at 8.46% at a $297,000 entry. Equity gained on principal adds $1,916/yr while 5% annual appreciation compounds into $82,056 by year five. Five-year ROI records 122.79% and total cumulative return in cash reaches $120,894. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,094/mo property income versus a $1,454/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
7,688 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: Timothy L. Good • RSVP Brokers ERA
Mls Name: NWMLS
Mls ID: #2463143