7379 Hideaway LaneAnacortesWA98221
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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 Anacortes at 7379 Hideaway Lane, Anacortes, WA, 98221 listed at $235,000 pairs $1,635/mo rent with a $1,150/mo payment to leave $223/mo cash flow. Total monthly income runs $1,635/mo, and annual cash flow reaches $2,671/yr on $77,903 cash to close. Return on cash invested measures 23.34% in year one, and rental yield registers 8.35% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 121% and total cumulative return in cash totals $94,264. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,635/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
0.58 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
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Listed by: Margi Houghton • Windermere RE Anacortes Prop.
Mls Name: NWMLS
Mls ID: #2403102