1415 84th Street SE #11EverettWA98208
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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
Rental property for sale in Everett at 1415 84th Street SE #11, Everett, WA, 98208 generates $1,185/mo in rent and, after a $734/mo payment, leaves $284/mo in cash flow. Total monthly income is $1,185/mo, and annual cash flow is $3,403/yr on $49,708 invested. Return on cash invested sits at 26.75% in year one, and rental yield is 9.48% on a $149,950 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,428 over five years. Five-year ROI reaches 139.35% and total cumulative return in cash sums $69,266. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,185/mo property income rather than buyer’s personal income.
Manufactured
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98208, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,993 (100%) |
| Owner Occupied HU | 15,030 (65.4%) |
| Renter Occupied HU | 7,352 (32.0%) |
| Vacant Housing Units | 611 ( 2.7%) |
| Median Home Value | $720,236 |
| Average Home Value | $774,386 |
Housing Distribution
Address Breakdown
Residential
22,196
Single Family
17,685
Multi-Family
4,511
Businesses
854
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Listed by: Karen A. Schweinfurth • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2416446