469 Julius DrivePt RobertsWA98281
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Nearby investment properties with comparable prices
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 Pt Roberts at 469 Julius Drive, Pt Roberts, WA, 98281 priced at $420,000 pairs $3,162/mo rent with $637/mo cash flow after a $2,056/mo payment. Total monthly income equals $3,162/mo, and annual cash flow comes to $7,644/yr on $139,230 invested. Return on cash invested is 25.4% in year one, and rental yield stands at 9.03% on a $420,000 basis. Equity gained on principal adds $2,710/yr, and 5% annual appreciation accumulates to $116,038 by year five. Five-year ROI measures 132.04% and total cumulative return in cash reaches $183,835. For financing, Ziffy Mortgage’s DSCR program evaluates $3,162/mo property income against a $2,056/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98281, Point Roberts, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,253 (100%) |
| Owner Occupied HU | 535 (23.7%) |
| Renter Occupied HU | 122 ( 5.4%) |
| Vacant Housing Units | 1,596 (70.8%) |
| Median Home Value | $563,976 |
| Average Home Value | $626,715 |
Housing Distribution
Address Breakdown
Residential
1,565
Single Family
1,565
Multi-Family
0
Businesses
162
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Listed by: Lina Holliday • Keller Williams Western Realty
Mls Name: NWMLS
Mls ID: #2434551