858 Kalispell 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 858 Kalispell Drive, La Conner, WA, 98257 generates $2,820/mo in rent, after a $3,916/mo payment. Total monthly income is $2,820/mo. Return on cash invested sits at 10.99% in year one, and rental yield is 4.23% on a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $221,025 over five years. Five-year ROI reaches 54.75% and total cumulative return in cash sums $144,104. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,820/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
7,396 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: Timothy L. Good • RSVP Brokers ERA
Mls Name: NWMLS
Mls ID: #2463151