24615 35th Avenue NEArlingtonWA98223
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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 Arlington at 24615 35th Avenue NE, Arlington, WA, 98223 earns from $3,696/mo rent with a $4,111/mo payment. Total monthly income totals $3,696/mo. ROI tracks 14.19% on current figures, and rental yield reads 5.28% at a $839,900 purchase. Equity gained on principal adds $5,420/yr, and 5% annual appreciation supports $232,049 over five years. Five-year ROI reaches 71.89% and total cumulative return in cash sums $198,643. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,696/mo property income instead of your personal income.
Single Family
Built in 1961
2.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98223, Arlington, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 13,323 (67.5%) |
| Renter Occupied HU | 5,109 (25.9%) |
| Vacant Housing Units | 1,300 ( 6.6%) |
| Median Home Value | $712,747 |
| Average Home Value | $755,345 |
Housing Distribution
Address Breakdown
Residential
17,372
Single Family
16,566
Multi-Family
806
Businesses
1,253
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Listed by: Jamie Shaughnessy • North48 Real Estate
Mls Name: NWMLS
Mls ID: #2466857