11325 19th Avenue SE #C-211EverettWA98208
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 11325 19th Avenue SE #C-211, Everett, WA, 98208 in Everett is narrow, $82/mo net on $3,006/mo rent after the $1,856/mo debt service, but the property operates at break-even-plus, not a loss. At $412,750 with a 8.74% yield, the long-run equity case via 5% appreciation ($114,035 over five years) and $3,801/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.62 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $190,004.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 5.4% |
| Monthly Cash Flow | $82 | $420 |
City averages based on Everett market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,006 |
| Total Monthly Debt Service | $2,317 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98208, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,993 (100%) |
| Owner Occupied HU | 15,030 (65.4%) |
| Renter Occupied HU | 7,352 (32.0%) |
| Vacant Housing Units | 611 ( 2.7%) |
| Median Home Value | $720,236 |
| Average Home Value | $774,386 |
Housing Distribution
Address Breakdown
Residential
22,196
Single Family
17,685
Multi-Family
4,511
Businesses
854
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
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98208, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,993 (100%) |
| Owner Occupied HU | 15,030 (65.4%) |
| Renter Occupied HU | 7,352 (32.0%) |
| Vacant Housing Units | 611 ( 2.7%) |
| Median Home Value | $720,236 |
| Average Home Value | $774,386 |
Housing Distribution
Address Breakdown
Residential
22,196
Single Family
17,685
Multi-Family
4,511
Businesses
854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Curtis Aranda • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2470184