23902 48th Avenue W, Mountlake Terrace, WA, 98043 | 6.3% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $4,459/mo, and a $4,155/mo payment. Purchase price stands at $849,000, and rental yield measures 6.3% with $4,459/mo rent. Return on cash invested shows 17.29% in year one, and 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 88.54% and total cumulative return in cash records $247,316. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,459/mo property income covering a $4,155/mo payment rather than investor’s personal income.

Single Family

Built in 1951

0.38 Acres 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