35046 North Shore DriveMount VernonWA98274
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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
Total monthly income runs $2,446/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 4.9% with $2,446/mo rent. Return on cash invested shows 13.03% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 65.69% and total cumulative return in cash records $129,466. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,446/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98274, Mount Vernon, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,287 (100%) |
| Owner Occupied HU | 5,848 (70.6%) |
| Renter Occupied HU | 1,556 (18.8%) |
| Vacant Housing Units | 883 (10.7%) |
| Median Home Value | $610,092 |
| Average Home Value | $639,892 |
Housing Distribution
Address Breakdown
Residential
7,506
Single Family
7,159
Multi-Family
347
Businesses
171
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Listed by: Jackie Chriest • Lake Cavanaugh Realty Inc.
Mls Name: NWMLS
Mls ID: #2431176