13000 Admiralty Way #K106EverettWA98204
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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 13000 Admiralty Way #K106, Everett, WA, 98204 listed at $318,500 pairs $2,314/mo rent with a $1,559/mo payment to leave $399/mo cash flow. Total monthly income runs $2,314/mo, and annual cash flow reaches $4,792/yr on $105,583 cash to close. Return on cash invested measures 24.45% in year one, and rental yield registers 8.72% at a $318,500 basis. Equity gained on principal adds $2,055/yr, and annual property appreciation at 5% supports $87,996 by year five. Five-year ROI tracks 126.98% and total cumulative return in cash totals $134,064. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,314/mo property income relative to a $1,559/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2001
7.40 Acres 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: Friska Siao Ping Lim • AgencyOne
Mls Name: NWMLS
Mls ID: #2405812