5300 Harbour Pointe Boulevard #311HMukilteoWA98275
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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 #311H, Mukilteo, WA, 98275 offers a 9.66% rental yield on a $259,000 purchase with $2,086/mo rent. Total monthly income registers $2,086/mo, and a $1,268/mo payment leaves $529/mo available for distribution. Annual cash flow reaches $6,345/yr on $85,859 to close, and return on cash invested stands at 27.3% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Portfolio math shows five-year ROI at 142.26% and total cumulative return in cash at $122,140. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,086/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: #2445975