303 S Baker StreetMount VernonWA98273
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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 303 S Baker Street, Mount Vernon, WA, 98273 with 5% annual appreciation on a $360,000 basis while $2,493/mo rent supports operations. Total monthly income totals $2,493/mo and a $1,762/mo payment preserves $329/mo for cash returns. Annual cash flow comes to $3,948/yr on $119,340 deployed, and return on cash invested reaches 23.22% in year one. Equity gained on principal adds $2,323/yr, and five-year appreciation sums $99,461 alongside rental yield of 8.31%. Five-year ROI measures 120.34% and total cumulative return in cash totals $143,613.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,493/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98273, Mount Vernon, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,638 (100%) |
| Owner Occupied HU | 7,934 (62.8%) |
| Renter Occupied HU | 4,252 (33.6%) |
| Vacant Housing Units | 452 ( 3.6%) |
| Median Home Value | $565,693 |
| Average Home Value | $598,444 |
Housing Distribution
Address Breakdown
Residential
11,314
Single Family
10,050
Multi-Family
1,264
Businesses
1,650
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Listed by: Anton Stetner • KW North Sound
Mls Name: NWMLS
Mls ID: #2456540