12013 Possession WayMukilteoWA98275
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 Mukilteo at 12013 Possession Way, Mukilteo, WA, 98275 listed at $589,950 pairs $2,964/mo rent with a $2,888/mo payment. Total monthly income runs $2,964/mo. Return on cash invested measures 16.46% in year one, and rental yield registers 6.03% at a $589,950 basis. Equity gained on principal adds $3,807/yr, and annual property appreciation at 5% supports $162,992 by year five. Five-year ROI tracks 84.08% and total cumulative return in cash totals $163,188. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,964/mo property income relative to a $2,888/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2007
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98275, Mukilteo, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,691 (100%) |
| Owner Occupied HU | 5,871 (67.6%) |
| Renter Occupied HU | 2,549 (29.3%) |
| Vacant Housing Units | 271 ( 3.1%) |
| Median Home Value | $955,225 |
| Average Home Value | $1,022,776 |
Housing Distribution
Address Breakdown
Residential
8,590
Single Family
6,547
Multi-Family
2,043
Businesses
792
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brett Bunn • John L. Scott Mill Creek
Mls Name: NWMLS
Mls ID: #2460943