16524 Mclean RdMount VernonWA98273
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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 16524 Mclean Rd, Mount Vernon, WA, 98273 generates $5,352/mo in rent, after a $4,821/mo payment. Total monthly income is $5,352/mo. Return on cash invested sits at 17.95% in year one, and rental yield is 6.52% on a $985,000 entry. Equity gained on principal adds $6,356/yr, while 5% annual appreciation builds toward $272,137 over five years. Five-year ROI reaches 92.1% and total cumulative return in cash sums $298,450. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,352/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
14.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98273, Mount Vernon, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,638 (100%) |
| Owner Occupied HU | 7,934 (62.8%) |
| Renter Occupied HU | 4,252 (33.6%) |
| Vacant Housing Units | 452 ( 3.6%) |
| Median Home Value | $565,693 |
| Average Home Value | $598,444 |
Housing Distribution
Address Breakdown
Residential
11,314
Single Family
10,050
Multi-Family
1,264
Businesses
1,650
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Listed by: John Kennedy • John L. Scott Lake Stevens
Mls Name: NWMLS
Mls ID: #2417128