18064 Mariposa LaneMount VernonWA98274
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 18064 Mariposa Lane, Mount Vernon, WA, 98274 generates $3,157/mo in rent, after a $5,232/mo payment. Total monthly income is $3,157/mo. Return on cash invested sits at 9.04% in year one, and rental yield is 3.54% on a $1,069,000 entry. Equity gained on principal adds $6,898/yr, while 5% annual appreciation builds toward $295,345 over five years. Five-year ROI reaches 44.25% and total cumulative return in cash sums $153,271. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,157/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.53 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jackie Chriest • Lake Cavanaugh Realty Inc.
Mls Name: NWMLS
Mls ID: #2468879