12320 219th Place SESnohomishWA98296
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 Snohomish at 12320 219th Place SE, Snohomish, WA, 98296 listed at $1,199,000 pairs $5,165/mo rent with a $5,869/mo payment. Total monthly income runs $5,165/mo. Return on cash invested measures 14.06% in year one, and rental yield registers 5.17% at a $1,199,000 basis. Equity gained on principal adds $7,737/yr, and annual property appreciation at 5% supports $331,262 by year five. Five-year ROI tracks 71.15% and total cumulative return in cash totals $276,393. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,165/mo property income relative to a $5,869/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98296, Snohomish, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,866 (100%) |
| Owner Occupied HU | 8,856 (89.8%) |
| Renter Occupied HU | 819 ( 8.3%) |
| Vacant Housing Units | 191 ( 1.9%) |
| Median Home Value | $944,227 |
| Average Home Value | $1,040,759 |
Housing Distribution
Address Breakdown
Residential
9,519
Single Family
8,992
Multi-Family
527
Businesses
209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul Siemering • John L. Scott Bothell
Mls Name: NWMLS
Mls ID: #2416822