232 Dorn AvenueEverettWA98208
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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 Everett at 232 Dorn Avenue, Everett, WA, 98208 priced at $539,950 pairs $3,656/mo rent with $410/mo cash flow after a $2,643/mo payment. Total monthly income equals $3,656/mo, and annual cash flow comes to $4,921/yr on $177,644 invested. Return on cash invested is 22.83% in year one, and rental yield stands at 8.13% on a $539,950 basis. Equity gained on principal adds $3,484/yr, and 5% annual appreciation accumulates to $149,178 by year five. Five-year ROI measures 118.25% and total cumulative return in cash reaches $210,070. For financing, Ziffy Mortgage’s DSCR program evaluates $3,656/mo property income against a $2,643/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1938
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98208, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,993 (100%) |
| Owner Occupied HU | 15,030 (65.4%) |
| Renter Occupied HU | 7,352 (32.0%) |
| Vacant Housing Units | 611 ( 2.7%) |
| Median Home Value | $720,236 |
| Average Home Value | $774,386 |
Housing Distribution
Address Breakdown
Residential
22,196
Single Family
17,685
Multi-Family
4,511
Businesses
854
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Listed by: Milani West • KW Greater Seattle
Mls Name: NWMLS
Mls ID: #2424585