3503 Rockefeller AvenueEverettWA98201
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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 3503 Rockefeller Avenue, Everett, WA, 98201 offers a 7.33% rental yield on a $587,000 purchase with $3,586/mo rent. Total monthly income registers $3,586/mo, and a $2,873/mo payment leaves $58/mo available for distribution. Annual cash flow reaches $690/yr on $193,123 to close, and return on cash invested stands at 20.42% in year one. Equity gained on principal adds $3,788/yr while 5% annual appreciation supports $162,177 over five years. Portfolio math shows five-year ROI at 105.31% and total cumulative return in cash at $203,374. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,586/mo property income against a $2,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3,049 sqft 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: Karl Hadland • RE/MAX Whatcom County, Inc.
Mls Name: NWMLS
Mls ID: #2423004