457 White PointFriday HarborWA98250
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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 Friday Harbor at 457 White Point, Friday Harbor, WA, 98250 listed at $1,275,000 pairs $2,860/mo rent with a $6,240/mo payment. Total monthly income runs $2,860/mo. Return on cash invested measures 6.42% in year one, and rental yield registers 2.69% at a $1,275,000 basis. Equity gained on principal adds $8,227/yr, and annual property appreciation at 5% supports $352,259 by year five. Five-year ROI tracks 30.15% and total cumulative return in cash totals $124,562. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,860/mo property income relative to a $6,240/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98250, Friday Harbor, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,286 (100%) |
| Owner Occupied HU | 3,200 (50.9%) |
| Renter Occupied HU | 1,072 (17.1%) |
| Vacant Housing Units | 2,014 (32.0%) |
| Median Home Value | $857,037 |
| Average Home Value | $1,035,468 |
Housing Distribution
Address Breakdown
Residential
3,846
Single Family
3,734
Multi-Family
112
Businesses
733
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Listed by: Shannon Lackey • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2446203