9882 Manitou Beach Drive NEBainbridge IslandWA98110
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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 Bainbridge Island at 9882 Manitou Beach Drive NE, Bainbridge Island, WA, 98110 earns from $3,120/mo rent with a $7,830/mo payment. Total monthly income totals $3,120/mo. ROI tracks 5.33% on current figures, and rental yield reads 2.34% at a $1,599,800 purchase. Equity gained on principal adds $10,323/yr, and 5% annual appreciation supports $441,995 over five years. Five-year ROI reaches 24.32% and total cumulative return in cash sums $126,072. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,120/mo property income instead of your personal income.
Single Family
Built in 1986
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98110, Bainbridge Island, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,365 (100%) |
| Owner Occupied HU | 8,203 (72.2%) |
| Renter Occupied HU | 2,069 (18.2%) |
| Vacant Housing Units | 1,093 ( 9.6%) |
| Median Home Value | $1,125,533 |
| Average Home Value | $1,245,027 |
Housing Distribution
Address Breakdown
Residential
10,826
Single Family
9,449
Multi-Family
1,377
Businesses
1,128
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Listed by: Meg Burkett • Realogics Sotheby's Int'l Rlty
Mls Name: NWMLS
Mls ID: #2391649