1204 E Georgia LaneEversonWA98247
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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 Everson at 1204 E Georgia Lane, Everson, WA, 98247 generates $3,540/mo in rent, after a $3,169/mo payment. Total monthly income is $3,540/mo. Return on cash invested sits at 18.08% in year one, and rental yield is 6.56% on a $647,500 entry. Equity gained on principal adds $4,178/yr, while 5% annual appreciation builds toward $178,892 over five years. Five-year ROI reaches 92.74% and total cumulative return in cash sums $197,565. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,540/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98247, Everson, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,181 (100%) |
| Owner Occupied HU | 2,309 (72.6%) |
| Renter Occupied HU | 753 (23.7%) |
| Vacant Housing Units | 119 ( 3.7%) |
| Median Home Value | $640,664 |
| Average Home Value | $711,403 |
Housing Distribution
Address Breakdown
Residential
2,991
Single Family
2,968
Multi-Family
23
Businesses
182
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Listed by: Jason Heutink • Windermere Real Estate Whatcom
Mls Name: NWMLS
Mls ID: #2402287