748 SW Heller StreetOak HarborWA98277
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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 Oak Harbor at 748 SW Heller Street, Oak Harbor, WA, 98277 uses $129,285 cash to close to unlock $3,666/yr annual cash flow and $306/mo monthly cash flow. Total monthly income runs $2,650/mo, and a $1,909/mo payment keeps the spread at $306/mo. Purchase price stands at $390,000, and rental yield measures 8.15% with $2,650/mo rent. Return on cash invested shows 22.74% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 117.83% and total cumulative return in cash records $152,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,650/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 1979
9,317 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98277, Oak Harbor, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,793 (100%) |
| Owner Occupied HU | 10,670 (60.0%) |
| Renter Occupied HU | 6,063 (34.1%) |
| Vacant Housing Units | 1,060 ( 6.0%) |
| Median Home Value | $508,169 |
| Average Home Value | $585,098 |
Housing Distribution
Address Breakdown
Residential
16,785
Single Family
15,582
Multi-Family
1,203
Businesses
983
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Listed by: Jahleel Vester • Pure Real Estate
Mls Name: NWMLS
Mls ID: #2421261