2327 122 Drive SELake StevensWA98258
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
Investment property for sale in Lake Stevens at 2327 122 Drive SE, Lake Stevens, WA, 98258 listed at $949,000 pairs $4,358/mo rent with a $4,645/mo payment. Total monthly income runs $4,358/mo. Return on cash invested measures 14.88% in year one, and rental yield registers 5.51% at a $949,000 basis. Equity gained on principal adds $6,124/yr, and annual property appreciation at 5% supports $262,191 by year five. Five-year ROI tracks 75.63% and total cumulative return in cash totals $236,148. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,358/mo property income relative to a $4,645/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98258, Lake Stevens, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,564 (100%) |
| Owner Occupied HU | 15,349 (78.5%) |
| Renter Occupied HU | 3,813 (19.5%) |
| Vacant Housing Units | 402 ( 2.1%) |
| Median Home Value | $745,358 |
| Average Home Value | $840,577 |
Housing Distribution
Address Breakdown
Residential
19,099
Single Family
18,937
Multi-Family
162
Businesses
578
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aaron Persinger • Windermere Real Estate Co.
Mls Name: NWMLS
Mls ID: #2427630