14007 69th Drive SE #R2SnohomishWA98296
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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 Snohomish at 14007 69th Drive SE #R2, Snohomish, WA, 98296 earns $497/mo cash flow from $3,022/mo rent with a $2,056/mo payment. Total monthly income totals $3,022/mo, and annual cash flow totals $5,964/yr on $139,230 capital. ROI tracks 24.19% on current figures, and rental yield reads 8.63% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 125.57% and total cumulative return in cash sums $174,835. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,022/mo property income instead of your personal income.
Townhouse
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
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Listed by: Alexandra Furey • RE/MAX Town Center
Mls Name: NWMLS
Mls ID: #2464328