487 Vusario LaneOrcas IslandWA98245
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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 Orcas Island at 487 Vusario Lane, Orcas Island, WA, 98245 listed at $1,200,000 pairs $2,580/mo rent with a $5,873/mo payment. Total monthly income runs $2,580/mo. Return on cash invested measures 6.07% in year one, and rental yield registers 2.58% at a $1,200,000 basis. Equity gained on principal adds $7,743/yr, and annual property appreciation at 5% supports $331,538 by year five. Five-year ROI tracks 28.29% and total cumulative return in cash totals $109,991. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,580/mo property income relative to a $5,873/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
11.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98245, Eastsound, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,258 (100%) |
| Owner Occupied HU | 1,673 (51.4%) |
| Renter Occupied HU | 569 (17.5%) |
| Vacant Housing Units | 1,016 (31.2%) |
| Median Home Value | $906,734 |
| Average Home Value | $1,102,261 |
Housing Distribution
Address Breakdown
Residential
1,578
Single Family
1,553
Multi-Family
25
Businesses
385
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Listed by: Gina Borges • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2433411