101 Pine Avenue #105SnohomishWA98290
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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 Snohomish at 101 Pine Avenue #105, Snohomish, WA, 98290 uses $144,849 cash to close to unlock $4,237/yr annual cash flow and $353/mo monthly cash flow. Total monthly income runs $2,980/mo, and a $2,139/mo payment keeps the spread at $353/mo. Purchase price stands at $436,950, and rental yield measures 8.18% with $2,980/mo rent. Return on cash invested shows 22.83% in year one, and 5% annual appreciation builds toward $120,721 over five years. Five-year ROI reaches 118.32% and total cumulative return in cash records $171,385. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,980/mo property income covering a $2,139/mo payment rather than investor’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98290, Snohomish, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,062 (100%) |
| Owner Occupied HU | 11,562 (76.8%) |
| Renter Occupied HU | 2,754 (18.3%) |
| Vacant Housing Units | 746 ( 5.0%) |
| Median Home Value | $872,357 |
| Average Home Value | $946,847 |
Housing Distribution
Address Breakdown
Residential
14,090
Single Family
13,483
Multi-Family
607
Businesses
670
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Listed by: Lance Otto • KW North Sound
Mls Name: NWMLS
Mls ID: #2436621