1514 51st Pl 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 51st Pl SW, Everett, WA, 98203 offers a 5.77% rental yield on a $638,900 purchase with $3,071/mo rent. 67% in year one. Equity gained on principal adds $4,123/yr while 5% annual appreciation supports $176,516 over five years. Portfolio math shows five-year ROI at 79.83% and total cumulative return in cash at $167,805. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,071/mo property income against a $3,127/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A