837 Shoshone 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
Rental property for sale in La Conner at 837 Shoshone Drive, La Conner, WA, 98257 priced at $585,000 pairs $5,201/mo rent with $1,685/mo cash flow after a $2,863/mo payment. Total monthly income equals $5,201/mo, and annual cash flow comes to $20,217/yr on $192,465 invested. Return on cash invested is 30.56% in year one, and rental yield stands at 10.67% on a $585,000 basis. Equity gained on principal adds $3,775/yr, and 5% annual appreciation accumulates to $161,625 by year five. Five-year ROI measures 159.7% and total cumulative return in cash reaches $307,374. For financing, Ziffy Mortgage’s DSCR program evaluates $5,201/mo property income against a $2,863/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.31 Acres 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: Rebeca Pozuelos • RE/MAX Gateway
Mls Name: NWMLS
Mls ID: #2377050