8520 District Line RoadBurlingtonWA98233
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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 Burlington at 8520 District Line Road, Burlington, WA, 98233 offers a 11.16% rental yield on a $349,000 purchase with $3,246/mo rent. Total monthly income registers $3,246/mo, and a $1,708/mo payment leaves $1,148/mo available for distribution. Annual cash flow reaches $13,779/yr on $115,694 to close, and return on cash invested stands at 31.82% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 166.51% and total cumulative return in cash at $192,636. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,246/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1914
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98233, Burlington, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,544 (100%) |
| Owner Occupied HU | 4,008 (61.2%) |
| Renter Occupied HU | 2,291 (35.0%) |
| Vacant Housing Units | 245 ( 3.7%) |
| Median Home Value | $585,132 |
| Average Home Value | $608,769 |
Housing Distribution
Address Breakdown
Residential
6,321
Single Family
5,652
Multi-Family
669
Businesses
928
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Listed by: Alison Tinsley • Windermere RE Skagit Valley
Mls Name: NWMLS
Mls ID: #2437463