8038 Island CourtClintonWA98236
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 Clinton at 8038 Island Court, Clinton, WA, 98236 earns from $2,203/mo rent with a $1,953/mo payment. Total monthly income totals $2,203/mo. ROI tracks 18.13% on current figures, and rental yield reads 6.63% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 93.11% and total cumulative return in cash sums $123,158. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,203/mo property income instead of your personal income.
Single Family
Built in 1996
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98236, Clinton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,578 (100%) |
| Owner Occupied HU | 2,388 (66.7%) |
| Renter Occupied HU | 461 (12.9%) |
| Vacant Housing Units | 729 (20.4%) |
| Median Home Value | $750,000 |
| Average Home Value | $887,124 |
Housing Distribution
Address Breakdown
Residential
2,807
Single Family
2,807
Multi-Family
0
Businesses
208
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Nearby investment properties with comparable prices
Listed by: Jessica Hart • Windermere RE/South Whidbey
Mls Name: NWMLS
Mls ID: #2400563