4015 E Broadway StreetMount 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
Rental property for sale in Mount Vernon at 4015 E Broadway Street, Mount Vernon, WA, 98274 generates $3,600/mo in rent, after a $4,280/mo payment. Total monthly income is $3,600/mo. Return on cash invested sits at 13.15% in year one, and rental yield is 4.94% on a $874,500 entry. Equity gained on principal adds $5,643/yr, while 5% annual appreciation builds toward $241,608 over five years. Five-year ROI reaches 66.33% and total cumulative return in cash sums $190,846. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,600/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.31 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: Stacy Anderson • Pettruzzelli Inc
Mls Name: NWMLS
Mls ID: #2404802