11914 876TH Place NESkykomishWA98288
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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
Rental property for sale in Skykomish at 11914 876TH Place NE, Skykomish, WA, 98288 generates $2,191/mo in rent and, after a $1,285/mo payment, leaves $613/mo in cash flow. Total monthly income is $2,191/mo, and annual cash flow is $7,354/yr on $87,019 invested. Return on cash invested sits at 28.36% in year one, and rental yield is 10.02% on a $262,500 entry. Equity gained on principal adds $1,694/yr, while 5% annual appreciation builds toward $72,524 over five years. Five-year ROI reaches 147.92% and total cumulative return in cash sums $128,722. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,191/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98288, Skykomish, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 353 (100%) |
| Owner Occupied HU | 121 (34.3%) |
| Renter Occupied HU | 38 (10.8%) |
| Vacant Housing Units | 194 (55.0%) |
| Median Home Value | $515,625 |
| Average Home Value | $562,603 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
30
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Listed by: Dawna D. Finley • Snohomes Realty Inc
Mls Name: NWMLS
Mls ID: #2418906