609 NW Broadway StreetCoupevilleWA98239
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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 Coupeville at 609 NW Broadway Street, Coupeville, WA, 98239 offers a 5.05% rental yield on a $650,000 purchase with $2,734/mo rent. 48% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 68.11% and total cumulative return in cash at $145,646. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,734/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98239, Coupeville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,215 (100%) |
| Owner Occupied HU | 2,923 (69.3%) |
| Renter Occupied HU | 622 (14.8%) |
| Vacant Housing Units | 670 (15.9%) |
| Median Home Value | $709,163 |
| Average Home Value | $759,300 |
Housing Distribution
Address Breakdown
Residential
3,375
Single Family
3,192
Multi-Family
183
Businesses
329
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Listed by: Karin Simpson • TEC Real Estate Inc.
Mls Name: NWMLS
Mls ID: #2464501