1502 Walnut Street #AEverettWA98201
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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 1502 Walnut Street #A, Everett, WA, 98201 listed at $775,000 pairs $2,832/mo rent with a $3,793/mo payment. Total monthly income runs $2,832/mo. Return on cash invested measures 11.46% in year one, and rental yield registers 4.39% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 57.29% and total cumulative return in cash totals $146,083. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,832/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1927
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98201, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,220 (100%) |
| Owner Occupied HU | 6,032 (37.2%) |
| Renter Occupied HU | 9,043 (55.8%) |
| Vacant Housing Units | 1,145 ( 7.1%) |
| Median Home Value | $630,307 |
| Average Home Value | $699,090 |
Housing Distribution
Address Breakdown
Residential
14,268
Single Family
10,340
Multi-Family
3,928
Businesses
1,659
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Listed by: Mina Mina Farag • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2456809