434 SW Stroops DriveOak HarborWA98277
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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
Investment property for sale in Oak Harbor at 434 SW Stroops Drive, Oak Harbor, WA, 98277 with 5% annual appreciation on a $524,500 basis while $3,223/mo rent supports operations. Total monthly income totals $3,223/mo and a $2,567/mo payment preserves $70/mo for cash returns. Annual cash flow comes to $844/yr on $172,561 deployed, and return on cash invested reaches 20.55% in year one. Equity gained on principal adds $3,385/yr, and five-year appreciation sums $144,910 alongside rental yield of 7.37%. Five-year ROI measures 106.02% and total cumulative return in cash totals $182,948.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,223/mo property income versus a $2,567/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
8,158 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98277, Oak Harbor, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,793 (100%) |
| Owner Occupied HU | 10,670 (60.0%) |
| Renter Occupied HU | 6,063 (34.1%) |
| Vacant Housing Units | 1,060 ( 6.0%) |
| Median Home Value | $508,169 |
| Average Home Value | $585,098 |
Housing Distribution
Address Breakdown
Residential
16,785
Single Family
15,582
Multi-Family
1,203
Businesses
983
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Listed by: Annie Cash • Windermere Whidbey Island
Mls Name: NWMLS
Mls ID: #2393469