224 Widnor DriveMount VernonWA98274
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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 Mount Vernon at 224 Widnor Drive, Mount Vernon, WA, 98274 with 5% annual appreciation on a $359,900 basis while $2,137/mo rent supports operations. 02% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 7.13%. Five-year ROI measures 98.07% and total cumulative return in cash totals $117,002. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,137/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1988
6,098 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
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Listed by: Geri Cole • Windermere RE Skagit Valley
Mls Name: NWMLS
Mls Provider:
Mls ID: #2413431
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-28 21:29:36 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)