760 Island BoulevardFox IslandWA98333
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSolid fundamentals define the investment case at 760 Island Boulevard, Fox Island, WA, 98333 in Fox Island: $4,841/mo in rent, $332/mo in net income, 7.75% gross yield, 1.44 DSCR, all at $750,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $207,211 in appreciation and $6,908/yr in principal paydown projects total cumulative return of $305,248.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 6.2% |
| Monthly Cash Flow | $332 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,841 |
| Total Monthly Debt Service | $4,210 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98333, Fox Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,706 (100%) |
| Owner Occupied HU | 1,451 (85.1%) |
| Renter Occupied HU | 113 ( 6.6%) |
| Vacant Housing Units | 142 ( 8.3%) |
| Median Home Value | $956,250 |
| Average Home Value | $1,069,030 |
Housing Distribution
Address Breakdown
Residential
1,410
Single Family
1,410
Multi-Family
0
Businesses
64
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
Single Family
Built in 1983
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98333, Fox Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,706 (100%) |
| Owner Occupied HU | 1,451 (85.1%) |
| Renter Occupied HU | 113 ( 6.6%) |
| Vacant Housing Units | 142 ( 8.3%) |
| Median Home Value | $956,250 |
| Average Home Value | $1,069,030 |
Housing Distribution
Address Breakdown
Residential
1,410
Single Family
1,410
Multi-Family
0
Businesses
64
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caitlin Keely • Neighborhood Experts Real Est.
Mls Name: NWMLS
Mls ID: #2408752