108 E Lake Stevens RoadLake StevensWA98258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lake Stevens at 108 E Lake Stevens Road, Lake Stevens, WA, 98258 listed at $1,189,750 pairs $3,389/mo rent with a $5,823/mo payment. Total monthly income runs $3,389/mo. Return on cash invested measures 8.66% in year one, and rental yield registers 3.42% at a $1,189,750 basis. Equity gained on principal adds $7,677/yr, and annual property appreciation at 5% supports $328,706 by year five. Five-year ROI tracks 42.17% and total cumulative return in cash totals $162,549. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,389/mo property income relative to a $5,823/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98258, Lake Stevens, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,564 (100%) |
| Owner Occupied HU | 15,349 (78.5%) |
| Renter Occupied HU | 3,813 (19.5%) |
| Vacant Housing Units | 402 ( 2.1%) |
| Median Home Value | $745,358 |
| Average Home Value | $840,577 |
Housing Distribution
Address Breakdown
Residential
19,099
Single Family
18,937
Multi-Family
162
Businesses
578
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Listed by: Chandra Lacy • Inspire Realty
Mls Name: NWMLS
Mls ID: #2413734