205 Heather RoadEverettWA98203
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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 205 Heather Road, Everett, WA, 98203 at $925,000 posts ROI 7.96% with from $2,490/mo rent. Total monthly income equals $2,490/mo. Return on cash invested measures 7.96% and rental yield reads 3.23% at the current $925,000. Equity gained on principal adds $5,969/yr, and 5% annual appreciation supports $255,560 by year five. Five-year ROI prints 38.48% and total cumulative return in cash totals $117,097. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,490/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1963
9,147 sqft 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: Brenda L. Haug • New Horizon Realty LLC
Mls Name: NWMLS
Mls ID: #2397346