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9287 NE Spruce Ave
Indianola, WA 98342
Asking Price
$165K
Asset Type
Residential Land
Class
Class B
What's Special
Corner Vacant Lot <ul><li>Corner Lot, Secluded</li><li>Level, Rolling topography</li><li>Fenced-Fully, Driveway</li><li>Brush, Lightly Treed, Partially Cleared</li><li>Water hookup paid and installed</li><li>Expired BSA with 3-bedroom septic design available</li><li>Close proximity to Indianola beach and dock, community clubhouse, playground, tennis courts</li><li>Easy access to golf courses, ferries to Seattle and Edmonds</li></ul>
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NOI
$80,000
Cap Rate
48.48%
DSCR
8.17
Strong
Cash-on-Cash
141.83%
Monthly Payment
$816.33
Annual Cash Flow
$70,204.04
