14007 69th Drive SE #D2SnohomishWA98296
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 14007 69th Drive SE #D2, Snohomish, WA, 98296 offers a 8.03% rental yield on a $449,000 purchase with $3,005/mo rent. Total monthly income registers $3,005/mo, and a $2,198/mo payment leaves $306/mo available for distribution. Annual cash flow reaches $3,667/yr on $148,844 to close, and return on cash invested stands at 22.37% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 115.82% and total cumulative return in cash at $172,396. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,005/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2002
N/A 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: Jennifer Rasar • John L. Scott Snohomish
Mls Name: NWMLS
Mls ID: #2463488