2511 124th Pl SEEverettWA98208
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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 Everett at 2511 124th Pl SE, Everett, WA, 98208 earns from $4,201/mo rent with a $5,355/mo payment. Total monthly income totals $4,201/mo. ROI tracks 12.33% on current figures, and rental yield reads 4.61% at a $1,094,100 purchase. Equity gained on principal adds $7,060/yr, and 5% annual appreciation supports $302,280 over five years. Five-year ROI reaches 61.86% and total cumulative return in cash sums $219,279. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,201/mo property income instead of your personal income.
Single Family
Built in 2013
3,920 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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