5300 Harbour Pointe Boulevard #310AMukilteoWA98275
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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 #310A, Mukilteo, WA, 98275 uses $91,163 cash to close to unlock $8,003/yr annual cash flow and $667/mo monthly cash flow. Total monthly income runs $2,320/mo, and a $1,346/mo payment keeps the spread at $667/mo. Purchase price stands at $275,000, and rental yield measures 10.12% with $2,320/mo rent. Return on cash invested shows 28.69% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 149.67% and total cumulative return in cash records $136,439. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,320/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A 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: Desiree Ferguson • Marketplace Sotheby's Intl Rty
Mls Name: NWMLS
Mls ID: #2463227