2008 E College WayMount 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
Investment property for sale in Mount Vernon at 2008 E College Way, Mount Vernon, WA, 98273 at $999,999 posts ROI 7.08% with from $2,453/mo rent. Total monthly income equals $2,453/mo. Return on cash invested measures 7.08% and rental yield reads 2.94% at the current $999,999. Equity gained on principal adds $6,453/yr, and 5% annual appreciation supports $276,281 by year five. Five-year ROI prints 33.81% and total cumulative return in cash totals $111,219. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,453/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
2.41 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: Eric Olson • NextHome Preview Properties
Mls Name: NWMLS
Mls ID: #2375405