5922 Mountain View LaneFreelandWA98249
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Freeland at 5922 Mountain View Lane, Freeland, WA, 98249 offers a 9.01% rental yield on a $389,000 purchase with $2,921/mo rent. Total monthly income registers $2,921/mo, and a $1,904/mo payment leaves $583/mo available for distribution. Annual cash flow reaches $6,991/yr on $128,954 to close, and return on cash invested stands at 25.33% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 131.69% and total cumulative return in cash at $169,818. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,921/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
9,753 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98249, Freeland, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,306 (100%) |
| Owner Occupied HU | 2,080 (62.9%) |
| Renter Occupied HU | 403 (12.2%) |
| Vacant Housing Units | 823 (24.9%) |
| Median Home Value | $731,557 |
| Average Home Value | $844,078 |
Housing Distribution
Address Breakdown
Residential
2,673
Single Family
2,673
Multi-Family
0
Businesses
335
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dana MacInnis • John L. Scott Whidbey Island S
Mls Name: NWMLS
Mls ID: #2433745