6550 NW Mathwig LaneSilverdaleWA98383
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 Silverdale at 6550 NW Mathwig Lane, Silverdale, WA, 98383 uses $205,625 cash to close to unlock $397/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $3,790/mo, and a $3,059/mo payment keeps the spread at $33/mo. Purchase price stands at $625,000, and rental yield measures 7.28% with $3,790/mo rent. Return on cash invested shows 20.25% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 104.44% and total cumulative return in cash records $214,753. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,790/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 1975
2.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98383, Silverdale, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,373 (100%) |
| Owner Occupied HU | 5,247 (56.0%) |
| Renter Occupied HU | 3,685 (39.3%) |
| Vacant Housing Units | 441 ( 4.7%) |
| Median Home Value | $634,834 |
| Average Home Value | $695,268 |
Housing Distribution
Address Breakdown
Residential
9,062
Single Family
6,182
Multi-Family
2,880
Businesses
1,387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victoria Shimel • 360 Real Estate Group
Mls Name: NWMLS
Mls ID: #2448373