341 S French AvenueArlingtonWA98223
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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 Arlington at 341 S French Avenue, Arlington, WA, 98223 priced at $865,000 converts $2,941/mo rent into after a $4,234/mo obligation. Total monthly income equals $2,941/mo. Return on cash invested prints 10.54% in year one, and rental yield reads 4.08% against a $865,000 entry. Equity gained on principal adds $5,582/yr, while 5% annual appreciation compiles into $238,984 by year five. Five-year ROI reaches 52.32% and total cumulative return in cash sums $148,887. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,941/mo property income covering a $4,234/mo payment, not borrower’s personal income.
Multi Family
Built in 2010
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98223, Arlington, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 13,323 (67.5%) |
| Renter Occupied HU | 5,109 (25.9%) |
| Vacant Housing Units | 1,300 ( 6.6%) |
| Median Home Value | $712,747 |
| Average Home Value | $755,345 |
Housing Distribution
Address Breakdown
Residential
17,372
Single Family
16,566
Multi-Family
806
Businesses
1,253
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Listed by: Leo Cohen • Bellingham Real Estate Company
Mls Name: NWMLS
Mls ID: #2408117