303 Lincoln StreetEversonWA98247
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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
Rental property for sale in Everson at 303 Lincoln Street, Everson, WA, 98247 priced at $219,000 pairs $2,102/mo rent with $785/mo cash flow after a $1,072/mo payment. Total monthly income equals $2,102/mo, and annual cash flow comes to $9,425/yr on $72,599 invested. Return on cash invested is 32.89% in year one, and rental yield stands at 11.52% on a $219,000 basis. Equity gained on principal adds $1,413/yr, and 5% annual appreciation accumulates to $60,506 by year five. Five-year ROI measures 172.28% and total cumulative return in cash reaches $125,073. For financing, Ziffy Mortgage’s DSCR program evaluates $2,102/mo property income against a $1,072/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1921
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98247, Everson, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,181 (100%) |
| Owner Occupied HU | 2,309 (72.6%) |
| Renter Occupied HU | 753 (23.7%) |
| Vacant Housing Units | 119 ( 3.7%) |
| Median Home Value | $640,664 |
| Average Home Value | $711,403 |
Housing Distribution
Address Breakdown
Residential
2,991
Single Family
2,968
Multi-Family
23
Businesses
182
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Listed by: Anastacia Harrell • Epique Realty
Mls Name: NWMLS
Mls ID: #2470961