206 S Baker StreetMount 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
Total monthly income runs $2,043/mo, and a $2,031/mo payment. Purchase price stands at $415,000, and rental yield measures 5.91% with $2,043/mo rent. Return on cash invested shows 15.97% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 81.5% and total cumulative return in cash records $112,125. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,043/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Single Family
Built in 1903
3,920 sqft 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: Jenna Staker • Orchard Brokerage, LLC
Mls Name: NWMLS
Mls ID: #2408331