4512 S 3rd Avenue #CEverettWA98203
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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 4512 S 3rd Avenue #C, Everett, WA, 98203 earns from $2,058/mo rent with a $2,183/mo payment. Total monthly income totals $2,058/mo. ROI tracks 14.85% on current figures, and rental yield reads 5.54% at a $445,950 purchase. Equity gained on principal adds $2,878/yr, and 5% annual appreciation supports $123,208 over five years. Five-year ROI reaches 75.53% and total cumulative return in cash sums $111,654. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,058/mo property income instead of your personal income.
Condo
Built in 1978
2,678 sqft lot
$N/A/sqft
No 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: Jamie Ann DeLong • Gilpin Realty, Inc.
Mls Name: NWMLS
Mls ID: #2450787