12423 4th Avenue W #6303EverettWA98204
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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 12423 4th Avenue W #6303, Everett, WA, 98204 listed at $324,950 pairs $2,165/mo rent with a $1,590/mo payment to leave $212/mo cash flow. Total monthly income runs $2,165/mo, and annual cash flow reaches $2,546/yr on $107,721 cash to close. Return on cash invested measures 22.27% in year one, and rental yield registers 8% at a $324,950 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,778 by year five. Five-year ROI tracks 115.31% and total cumulative return in cash totals $124,209. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,165/mo property income relative to a $1,590/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98204, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,997 (100%) |
| Owner Occupied HU | 6,718 (35.4%) |
| Renter Occupied HU | 11,476 (60.4%) |
| Vacant Housing Units | 803 ( 4.2%) |
| Median Home Value | $557,323 |
| Average Home Value | $604,106 |
Housing Distribution
Address Breakdown
Residential
18,085
Single Family
7,909
Multi-Family
10,176
Businesses
1,019
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Listed by: Tracy Bannister • Windermere Real Estate/M2, LLC
Mls Name: NWMLS
Mls ID: #2411075