572 Andrew Drive #3BurlingtonWA98233
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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 Burlington at 572 Andrew Drive #3, Burlington, WA, 98233 uses $87,848 cash to close to unlock $14,005/yr annual cash flow and $1,167/mo monthly cash flow. Total monthly income runs $2,760/mo, and a $1,297/mo payment keeps the spread at $1,167/mo. Purchase price stands at $265,000, and rental yield measures 12.5% with $2,760/mo rent. Return on cash invested shows 35.85% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 188.16% and total cumulative return in cash records $165,291. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,760/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
1,825 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98233, Burlington, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,544 (100%) |
| Owner Occupied HU | 4,008 (61.2%) |
| Renter Occupied HU | 2,291 (35.0%) |
| Vacant Housing Units | 245 ( 3.7%) |
| Median Home Value | $585,132 |
| Average Home Value | $608,769 |
Housing Distribution
Address Breakdown
Residential
6,321
Single Family
5,652
Multi-Family
669
Businesses
928
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Listed by: Troy Fair • John L. Scott Skagit
Mls Name: NWMLS
Mls ID: #2427473