12816 2nd St SELake StevensWA98258
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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 Lake Stevens at 12816 2nd St SE, Lake Stevens, WA, 98258 earns from $2,701/mo rent with a $2,706/mo payment. Total monthly income totals $2,701/mo. ROI tracks 15.95% on current figures, and rental yield reads 5.86% at a $552,800 purchase. Equity gained on principal adds $3,567/yr, and 5% annual appreciation supports $152,728 over five years. Five-year ROI reaches 81.37% and total cumulative return in cash sums $147,985. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,701/mo property income instead of your personal income.
Single Family
Built in 1940
4.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98258, Lake Stevens, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,564 (100%) |
| Owner Occupied HU | 15,349 (78.5%) |
| Renter Occupied HU | 3,813 (19.5%) |
| Vacant Housing Units | 402 ( 2.1%) |
| Median Home Value | $745,358 |
| Average Home Value | $840,577 |
Housing Distribution
Address Breakdown
Residential
19,099
Single Family
18,937
Multi-Family
162
Businesses
578
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