1902 Clover PlaceMukilteoWA98275
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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 Mukilteo at 1902 Clover Place, Mukilteo, WA, 98275 generates $4,040/mo in rent, after a $5,624/mo payment. Total monthly income is $4,040/mo. Return on cash invested sits at 11.13% in year one, and rental yield is 4.22% on a $1,149,000 entry. Equity gained on principal adds $7,414/yr, while 5% annual appreciation builds toward $317,448 over five years. Five-year ROI reaches 55.41% and total cumulative return in cash sums $206,287. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,040/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98275, Mukilteo, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,691 (100%) |
| Owner Occupied HU | 5,871 (67.6%) |
| Renter Occupied HU | 2,549 (29.3%) |
| Vacant Housing Units | 271 ( 3.1%) |
| Median Home Value | $955,225 |
| Average Home Value | $1,022,776 |
Housing Distribution
Address Breakdown
Residential
8,590
Single Family
6,547
Multi-Family
2,043
Businesses
792
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Listed by: Christine Russell • Windermere Real Estate/CIR
Mls Name: NWMLS
Mls ID: #2447773