5029 84th Street SW #301MukilteoWA98275
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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 Mukilteo at 5029 84th Street SW #301, Mukilteo, WA, 98275 listed at $298,000 pairs $1,860/mo rent with a $1,459/mo payment to leave $68/mo cash flow. Total monthly income runs $1,860/mo, and annual cash flow reaches $819/yr on $98,787 cash to close. Return on cash invested measures 20.74% in year one, and rental yield registers 7.49% at a $298,000 basis. Equity gained on principal adds $1,923/yr, and annual property appreciation at 5% supports $82,332 by year five. Five-year ROI tracks 107.07% and total cumulative return in cash totals $105,776. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,860/mo property income relative to a $1,459/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98275, Mukilteo, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,691 (100%) |
| Owner Occupied HU | 5,871 (67.6%) |
| Renter Occupied HU | 2,549 (29.3%) |
| Vacant Housing Units | 271 ( 3.1%) |
| Median Home Value | $955,225 |
| Average Home Value | $1,022,776 |
Housing Distribution
Address Breakdown
Residential
8,590
Single Family
6,547
Multi-Family
2,043
Businesses
792
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Listed by: Christine Hidalgo • Coldwell Banker Danforth
Mls Name: NWMLS
Mls ID: #2391645