6705 NE Prospect StreetSuquamishWA98392
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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 Suquamish at 6705 NE Prospect Street, Suquamish, WA, 98392 earns from $2,347/mo rent with a $2,031/mo payment. Total monthly income totals $2,347/mo. ROI tracks 18.62% on current figures, and rental yield reads 6.79% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 95.71% and total cumulative return in cash sums $131,673. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,347/mo property income instead of your personal income.
Manufactured
Built in 2021
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98392, Suquamish, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,419 (100%) |
| Owner Occupied HU | 1,032 (72.7%) |
| Renter Occupied HU | 281 (19.8%) |
| Vacant Housing Units | 106 ( 7.5%) |
| Median Home Value | $707,801 |
| Average Home Value | $803,544 |
Housing Distribution
Address Breakdown
Residential
1,086
Single Family
1,086
Multi-Family
0
Businesses
69
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Listed by: Tom Themelis • Kelly Right RE of Seattle LLC
Mls Name: NWMLS
Mls ID: #2439111