99 E Morris RoadCoupevilleWA98239
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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 Coupeville at 99 E Morris Road, Coupeville, WA, 98239 priced at $450,000 pairs $2,719/mo rent with $14/mo cash flow after a $2,203/mo payment. Total monthly income equals $2,719/mo, and annual cash flow comes to $162/yr on $149,175 invested. Return on cash invested is 20.02% in year one, and rental yield stands at 7.25% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 103.2% and total cumulative return in cash reaches $153,954. For financing, Ziffy Mortgage’s DSCR program evaluates $2,719/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1994
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98239, Coupeville, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,215 (100%) |
| Owner Occupied HU | 2,923 (69.3%) |
| Renter Occupied HU | 622 (14.8%) |
| Vacant Housing Units | 670 (15.9%) |
| Median Home Value | $709,163 |
| Average Home Value | $759,300 |
Housing Distribution
Address Breakdown
Residential
3,375
Single Family
3,192
Multi-Family
183
Businesses
329
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Listed by: Susan Perry • Windermere Whidbey Island
Mls Name: NWMLS
Mls ID: #2449625