417 Avenue F #CSnohomishWA98290
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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 Snohomish at 417 Avenue F #C, Snohomish, WA, 98290 offers $2,340/mo rent that, after a $3,426/mo payment. Total monthly income is $2,340/mo. Return on cash invested measures 10.33% in year one, and rental yield stands at 4.01% at a $699,950 entry. Equity gained on principal adds $4,517/yr while 5% annual appreciation compounds into $193,383 by year five. Five-year ROI records 51.2% and total cumulative return in cash reaches $117,912. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,340/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1937
4,443 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98290, Snohomish, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,062 (100%) |
| Owner Occupied HU | 11,562 (76.8%) |
| Renter Occupied HU | 2,754 (18.3%) |
| Vacant Housing Units | 746 ( 5.0%) |
| Median Home Value | $872,357 |
| Average Home Value | $946,847 |
Housing Distribution
Address Breakdown
Residential
14,090
Single Family
13,483
Multi-Family
607
Businesses
670
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Listed by: Toby L. Barnett • KW North Sound
Mls Name: NWMLS
Mls ID: #2454568