5755 Blakely Avenue NEBainbridge IslandWA98110
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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 Bainbridge Island at 5755 Blakely Avenue NE, Bainbridge Island, WA, 98110 earns from $4,212/mo rent with a $3,549/mo payment. Total monthly income totals $4,212/mo. ROI tracks 19.32% on current figures, and rental yield reads 6.97% at a $725,000 purchase. Equity gained on principal adds $4,678/yr, and 5% annual appreciation supports $200,304 over five years. Five-year ROI reaches 99.43% and total cumulative return in cash sums $237,173. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,212/mo property income instead of your personal income.
Single Family
Built in 1976
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98110, Bainbridge Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,365 (100%) |
| Owner Occupied HU | 8,203 (72.2%) |
| Renter Occupied HU | 2,069 (18.2%) |
| Vacant Housing Units | 1,093 ( 9.6%) |
| Median Home Value | $1,125,533 |
| Average Home Value | $1,245,027 |
Housing Distribution
Address Breakdown
Residential
10,826
Single Family
9,449
Multi-Family
1,377
Businesses
1,128
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Listed by: Christopher F. Miller • Windermere RE Bainbridge
Mls Name: NWMLS
Mls ID: #2448013