1514 49th Street SWEverettWA98203
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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 1514 49th Street SW, Everett, WA, 98203 uses $219,772 cash to close to unlock $1,489/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $4,140/mo, and a $3,270/mo payment keeps the spread at $124/mo. Purchase price stands at $668,000, and rental yield measures 7.44% with $4,140/mo rent. Return on cash invested shows 20.74% in year one, and 5% annual appreciation builds toward $184,556 over five years. Five-year ROI reaches 107.04% and total cumulative return in cash records $235,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,140/mo property income covering a $3,270/mo payment rather than investor’s personal income.
Single Family
Built in 2008
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98203, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,157 (100%) |
| Owner Occupied HU | 9,175 (60.5%) |
| Renter Occupied HU | 5,447 (35.9%) |
| Vacant Housing Units | 535 ( 3.5%) |
| Median Home Value | $658,482 |
| Average Home Value | $727,402 |
Housing Distribution
Address Breakdown
Residential
14,469
Single Family
11,701
Multi-Family
2,768
Businesses
627
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Listed by: Heather McKinnon • Redfin
Mls Name: NWMLS
Mls ID: #2437538