81 Swinomish DriveLa ConnerWA98257
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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 La Conner at 81 Swinomish Drive, La Conner, WA, 98257 with 5% annual appreciation on a $550,000 basis while $3,768/mo rent supports operations. Total monthly income totals $3,768/mo and a $2,692/mo payment preserves $462/mo for cash returns. Annual cash flow comes to $5,542/yr on $180,950 deployed, and return on cash invested reaches 23.12% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 8.22%. Five-year ROI measures 119.81% and total cumulative return in cash totals $216,790.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,768/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
9,578 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98257, La Conner, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,392 (100%) |
| Owner Occupied HU | 1,635 (68.4%) |
| Renter Occupied HU | 499 (20.9%) |
| Vacant Housing Units | 258 (10.8%) |
| Median Home Value | $659,539 |
| Average Home Value | $724,063 |
Housing Distribution
Address Breakdown
Residential
1,727
Single Family
1,605
Multi-Family
122
Businesses
227
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Listed by: Elizabeth Perron • Coldwell Banker 360 Team
Mls Name: NWMLS
Mls ID: #2426503