5300 Harbour Pointe Boulevard #307AMukilteoWA98275
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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 Mukilteo at 5300 Harbour Pointe Boulevard #307A, Mukilteo, WA, 98275 offers a 9.22% rental yield on a $269,950 purchase with $2,074/mo rent. Total monthly income registers $2,074/mo, and a $1,321/mo payment leaves $452/mo available for distribution. Annual cash flow reaches $5,419/yr on $89,488 to close, and return on cash invested stands at 25.96% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,582 over five years. Portfolio math shows five-year ROI at 135.1% and total cumulative return in cash at $120,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,074/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
7.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98275, Mukilteo, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,691 (100%) |
| Owner Occupied HU | 5,871 (67.6%) |
| Renter Occupied HU | 2,549 (29.3%) |
| Vacant Housing Units | 271 ( 3.1%) |
| Median Home Value | $955,225 |
| Average Home Value | $1,022,776 |
Housing Distribution
Address Breakdown
Residential
8,590
Single Family
6,547
Multi-Family
2,043
Businesses
792
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Listed by: Graham S Haight • Windermere Real Estate GH LLC
Mls Name: NWMLS
Mls ID: #2446548