423 75th Street SE UNIT B23EverettWA98203
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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 423 75th Street SE UNIT B23, Everett, WA, 98203 offers a 7.63% rental yield on a $285,000 purchase with $1,813/mo rent. 3% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 90.02% and total cumulative return in cash at $85,050. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,813/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
5.90 Acres lot
$N/A/sqft
$305 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98203, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,157 (100%) |
| Owner Occupied HU | 9,175 (60.5%) |
| Renter Occupied HU | 5,447 (35.9%) |
| Vacant Housing Units | 535 ( 3.5%) |
| Median Home Value | $658,482 |
| Average Home Value | $727,402 |
Housing Distribution
Address Breakdown
Residential
14,469
Single Family
11,701
Multi-Family
2,768
Businesses
627
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Listed by: Bill Callahan • Windermere Real Estate M2 LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2297774
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2024 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website.