22107 66th Avenue W #10DMountlake TerraceWA98043
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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
Rental property for sale in Mountlake Terrace at 22107 66th Avenue W #10D, Mountlake Terrace, WA, 98043 generates $2,795/mo in rent and, after a $1,517/mo payment, leaves $932/mo in cash flow. Total monthly income is $2,795/mo, and annual cash flow is $11,182/yr on $102,765 invested. Return on cash invested sits at 30.79% in year one, and rental yield is 10.82% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 160.95% and total cumulative return in cash sums $165,403. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,795/mo property income rather than buyer’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98043, Mountlake Terrace, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,432 (100%) |
| Owner Occupied HU | 5,573 (53.4%) |
| Renter Occupied HU | 4,342 (41.6%) |
| Vacant Housing Units | 517 ( 5.0%) |
| Median Home Value | $723,497 |
| Average Home Value | $765,585 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
7,490
Multi-Family
2,092
Businesses
569
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Listed by: Renee Pilchard • Realty One Group Orca
Mls Name: NWMLS
Mls ID: #2436036