641 Decatur Head DriveAnacortesWA98221
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 Anacortes at 641 Decatur Head Drive, Anacortes, WA, 98221 listed at $599,000 pairs $4,278/mo rent with a $2,932/mo payment to leave $677/mo cash flow. Total monthly income runs $4,278/mo, and annual cash flow reaches $8,125/yr on $197,071 cash to close. Return on cash invested measures 24.18% in year one, and rental yield registers 8.57% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 125.52% and total cumulative return in cash totals $247,354. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,278/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
2.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98221, Anacortes, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,541 (100%) |
| Owner Occupied HU | 7,842 (62.5%) |
| Renter Occupied HU | 2,828 (22.6%) |
| Vacant Housing Units | 1,871 (14.9%) |
| Median Home Value | $782,913 |
| Average Home Value | $885,649 |
Housing Distribution
Address Breakdown
Residential
10,561
Single Family
10,085
Multi-Family
476
Businesses
1,026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ramy Tipton • KW Greater Seattle
Mls Name: NWMLS
Mls ID: #2439445