24015 Foxglove LaneMount 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 24015 Foxglove Lane, Mount Vernon, WA, 98274 earns from $5,356/mo rent with a $6,363/mo payment. Total monthly income totals $5,356/mo. ROI tracks 13.37% on current figures, and rental yield reads 4.94% at a $1,300,000 purchase. Equity gained on principal adds $8,389/yr, and 5% annual appreciation supports $359,166 over five years. Five-year ROI reaches 67.41% and total cumulative return in cash sums $283,947. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,356/mo property income instead of your personal income.
Single Family
Built in 2005
18.46 Acres 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: Julia Phillip • eXp Realty
Mls Name: NWMLS
Mls ID: #2394577