20928 Welch RoadSnohomishWA98296
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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 Snohomish at 20928 Welch Road, Snohomish, WA, 98296 earns from $4,816/mo rent with a $5,629/mo payment. Total monthly income totals $4,816/mo. ROI tracks 13.62% on current figures, and rental yield reads 5.03% at a $1,150,000 purchase. Equity gained on principal adds $7,421/yr, and 5% annual appreciation supports $317,724 over five years. Five-year ROI reaches 68.76% and total cumulative return in cash sums $256,185. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,816/mo property income instead of your personal income.
Single Family
Built in 2003
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98296, Snohomish, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,866 (100%) |
| Owner Occupied HU | 8,856 (89.8%) |
| Renter Occupied HU | 819 ( 8.3%) |
| Vacant Housing Units | 191 ( 1.9%) |
| Median Home Value | $944,227 |
| Average Home Value | $1,040,759 |
Housing Distribution
Address Breakdown
Residential
9,519
Single Family
8,992
Multi-Family
527
Businesses
209
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Listed by: Molly Sims • COMPASS
Mls Name: NWMLS
Mls ID: #2457301