33040 NE 66th StreetCarnationWA98014
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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 Carnation at 33040 NE 66th Street, Carnation, WA, 98014 offers a 8.31% rental yield on a $739,850 purchase with $5,124/mo rent. Total monthly income registers $5,124/mo, and a $3,621/mo payment leaves $677/mo available for distribution. Annual cash flow reaches $8,122/yr on $243,411 to close, and return on cash invested stands at 23.4% in year one. Equity gained on principal adds $4,774/yr while 5% annual appreciation supports $204,407 over five years. Portfolio math shows five-year ROI at 121.27% and total cumulative return in cash at $295,187. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,124/mo property income against a $3,621/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1985
4.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98014, Carnation, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,906 (100%) |
| Owner Occupied HU | 2,423 (83.4%) |
| Renter Occupied HU | 343 (11.8%) |
| Vacant Housing Units | 140 ( 4.8%) |
| Median Home Value | $990,863 |
| Average Home Value | $1,139,561 |
Housing Distribution
Address Breakdown
Residential
2,443
Single Family
2,436
Multi-Family
7
Businesses
154
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Listed by: Jared English • Congress Realty
Mls Name: NWMLS
Mls ID: #2469857