625 Argyle Avenue #DFriday HarborWA98250
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
Rental property for sale in Friday Harbor at 625 Argyle Avenue #D, Friday Harbor, WA, 98250 priced at $579,000 converts $2,118/mo rent into after a $2,834/mo obligation. Total monthly income equals $2,118/mo. Return on cash invested prints 11.48% in year one, and rental yield reads 4.39% against a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation compiles into $159,967 by year five. Five-year ROI reaches 57.36% and total cumulative return in cash sums $109,267. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,118/mo property income covering a $2,834/mo payment, not borrower’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98250, Friday Harbor, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,286 (100%) |
| Owner Occupied HU | 3,200 (50.9%) |
| Renter Occupied HU | 1,072 (17.1%) |
| Vacant Housing Units | 2,014 (32.0%) |
| Median Home Value | $857,037 |
| Average Home Value | $1,035,468 |
Housing Distribution
Address Breakdown
Residential
3,846
Single Family
3,734
Multi-Family
112
Businesses
733
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thane Bolger • Coldwell Banker San Juan Is.
Mls Name: NWMLS
Mls ID: #2374723