87 Levon LaneDeer HarborWA98243
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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 Deer Harbor at 87 Levon Lane, Deer Harbor, WA, 98243 generates $2,794/mo in rent, after a $3,842/mo payment. Total monthly income is $2,794/mo. Return on cash invested sits at 11.12% in year one, and rental yield is 4.27% on a $785,000 entry. Equity gained on principal adds $5,065/yr, while 5% annual appreciation builds toward $216,881 over five years. Five-year ROI reaches 55.44% and total cumulative return in cash sums $143,174. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,794/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
3.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98243, Deer Harbor, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 210 (100%) |
| Owner Occupied HU | 105 (50.0%) |
| Renter Occupied HU | 17 ( 8.1%) |
| Vacant Housing Units | 88 (41.9%) |
| Median Home Value | $1,207,143 |
| Average Home Value | $1,281,429 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
21
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Listed by: Marcela Barrientos • Orcas Island Realty
Mls Name: NWMLS
Mls ID: #2441540