473 Wishkah LaneAnacortesWA98221
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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 Anacortes at 473 Wishkah Lane, Anacortes, WA, 98221 with 5% annual appreciation on a $385,000 basis while $2,293/mo rent supports operations. 71% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 7.15%. Five-year ROI measures 101.57% and total cumulative return in cash totals $129,634. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,293/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98221, Anacortes, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,541 (100%) |
| Owner Occupied HU | 7,842 (62.5%) |
| Renter Occupied HU | 2,828 (22.6%) |
| Vacant Housing Units | 1,871 (14.9%) |
| Median Home Value | $782,913 |
| Average Home Value | $885,649 |
Housing Distribution
Address Breakdown
Residential
10,561
Single Family
10,085
Multi-Family
476
Businesses
1,026
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Listed by: Morgan Jones • Windermere RE Anacortes Prop.
Mls Name: NWMLS
Mls ID: #2407424