11622 Silver Lake Road #58EverettWA98208
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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 Everett at 11622 Silver Lake Road #58, Everett, WA, 98208 earns $270/mo cash flow from $1,082/mo rent with a $661/mo payment. Total monthly income totals $1,082/mo, and annual cash flow totals $3,243/yr on $44,753 capital. ROI tracks 27.16% on current figures, and rental yield reads 9.62% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 141.58% and total cumulative return in cash sums $63,361. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,082/mo property income instead of your personal income.
Manufactured
Built in 1974
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
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Listed by: Merina Lipsky • John L. Scott Arlington
Mls Name: NWMLS
Mls ID: #2444493