2818 Grand Avenue #B410EverettWA98201
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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 2818 Grand Avenue #B410, Everett, WA, 98201 listed at $279,500 pairs $1,980/mo rent with a $1,368/mo payment to leave $300/mo cash flow. Total monthly income runs $1,980/mo, and annual cash flow reaches $3,599/yr on $92,654 cash to close. Return on cash invested measures 23.79% in year one, and rental yield registers 8.5% at a $279,500 basis. Equity gained on principal adds $1,804/yr, and annual property appreciation at 5% supports $77,221 by year five. Five-year ROI tracks 123.42% and total cumulative return in cash totals $114,356. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,980/mo property income relative to a $1,368/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98201, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,220 (100%) |
| Owner Occupied HU | 6,032 (37.2%) |
| Renter Occupied HU | 9,043 (55.8%) |
| Vacant Housing Units | 1,145 ( 7.1%) |
| Median Home Value | $630,307 |
| Average Home Value | $699,090 |
Housing Distribution
Address Breakdown
Residential
14,268
Single Family
10,340
Multi-Family
3,928
Businesses
1,659
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Listed by: Levi Klein • 501 Realty
Mls Name: NWMLS
Mls ID: #2456090