971 N Colony Surf DriveLilliwaupWA98555
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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 Lilliwaup at 971 N Colony Surf Drive, Lilliwaup, WA, 98555 generates $3,073/mo in rent, after a $3,353/mo payment. Total monthly income is $3,073/mo. Return on cash invested sits at 14.5% in year one, and rental yield is 5.38% on a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 73.57% and total cumulative return in cash sums $165,790. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,073/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98555, Lilliwaup, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 977 (100%) |
| Owner Occupied HU | 297 (30.4%) |
| Renter Occupied HU | 47 ( 4.8%) |
| Vacant Housing Units | 633 (64.8%) |
| Median Home Value | $491,667 |
| Average Home Value | $574,596 |
Housing Distribution
Address Breakdown
Residential
356
Single Family
356
Multi-Family
0
Businesses
27
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Listed by: Ellen K. Holmes • Keller Williams South Sound
Mls Name: NWMLS
Mls ID: #2375395