210 S 9th StreetMount VernonWA98274
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mount Vernon at 210 S 9th Street, Mount Vernon, WA, 98274 generates $1,619/mo in rent and, after a $1,101/mo payment, leaves $267/mo in cash flow. Total monthly income is $1,619/mo, and annual cash flow is $3,201/yr on $74,588 invested. Return on cash invested sits at 24.2% in year one, and rental yield is 8.63% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 125.63% and total cumulative return in cash sums $93,705. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,619/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98274, Mount Vernon, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,287 (100%) |
| Owner Occupied HU | 5,848 (70.6%) |
| Renter Occupied HU | 1,556 (18.8%) |
| Vacant Housing Units | 883 (10.7%) |
| Median Home Value | $610,092 |
| Average Home Value | $639,892 |
Housing Distribution
Address Breakdown
Residential
7,506
Single Family
7,159
Multi-Family
347
Businesses
171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dinato Luz • Berkshire Hathaway HS NW
Mls Name: NWMLS
Mls ID: #2459179