512 Cascade Avenue #BLangleyWA98260
Nearby investment properties with comparable rents
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
Investment property for sale in Langley at 512 Cascade Avenue #B, Langley, WA, 98260 earns from $3,332/mo rent with a $4,062/mo payment. Total monthly income totals $3,332/mo. ROI tracks 11.46% on current figures, and rental yield reads 4.82% at a $830,000 purchase. Equity gained on principal adds $5,356/yr, and 5% annual appreciation supports $229,314 over five years. Five-year ROI reaches 57.76% and total cumulative return in cash sums $157,722. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,332/mo property income instead of your personal income.
Townhouse
Built in 2017
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98260, Langley, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,557 (100%) |
| Owner Occupied HU | 2,282 (64.2%) |
| Renter Occupied HU | 569 (16.0%) |
| Vacant Housing Units | 706 (19.8%) |
| Median Home Value | $759,660 |
| Average Home Value | $854,477 |
Housing Distribution
Address Breakdown
Residential
2,798
Single Family
2,798
Multi-Family
0
Businesses
258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynne Hunsaker • Windermere RE/South Whidbey
Mls Name: NWMLS
Mls Provider:
Mls ID: #2373212
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-24 23:04:33 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)