4901 Thistle LaneFreelandWA98249
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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 Freeland at 4901 Thistle Lane, Freeland, WA, 98249 earns from $2,983/mo rent with a $3,421/mo payment. Total monthly income totals $2,983/mo. ROI tracks 13.7% on current figures, and rental yield reads 5.12% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 69.29% and total cumulative return in cash sums $159,338. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,983/mo property income instead of your personal income.
Single Family
Built in 1971
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98249, Freeland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,306 (100%) |
| Owner Occupied HU | 2,080 (62.9%) |
| Renter Occupied HU | 403 (12.2%) |
| Vacant Housing Units | 823 (24.9%) |
| Median Home Value | $731,557 |
| Average Home Value | $844,078 |
Housing Distribution
Address Breakdown
Residential
2,673
Single Family
2,673
Multi-Family
0
Businesses
335
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Listed by: Lynne Hunsaker • Windermere RE/South Whidbey
Mls Name: NWMLS
Mls ID: #2461182