1418 E Blackburn RdMount VernonWA98274
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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 Mount Vernon at 1418 E Blackburn Rd, Mount Vernon, WA, 98274 priced at $986,200 converts $4,472/mo rent into after a $4,827/mo obligation. Total monthly income equals $4,472/mo. Return on cash invested prints 14.67% in year one, and rental yield reads 5.44% against a $986,200 entry. Equity gained on principal adds $6,364/yr, while 5% annual appreciation compiles into $272,469 by year five. Five-year ROI reaches 74.5% and total cumulative return in cash sums $241,731. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,472/mo property income covering a $4,827/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98274, Mount Vernon, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,287 (100%) |
| Owner Occupied HU | 5,848 (70.6%) |
| Renter Occupied HU | 1,556 (18.8%) |
| Vacant Housing Units | 883 (10.7%) |
| Median Home Value | $610,092 |
| Average Home Value | $639,892 |
Housing Distribution
Address Breakdown
Residential
7,506
Single Family
7,159
Multi-Family
347
Businesses
171
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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