518 Bennett StreetSedro WoolleyWA98284
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sedro Woolley at 518 Bennett Street, Sedro Woolley, WA, 98284 offers $4,036/mo rent that, after a $3,328/mo payment. Total monthly income is $4,036/mo. Return on cash invested measures 19.78% in year one, and rental yield stands at 7.12% at a $680,000 entry. Equity gained on principal adds $4,388/yr while 5% annual appreciation compounds into $187,871 by year five. Five-year ROI records 101.9% and total cumulative return in cash reaches $227,976. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,036/mo property income versus a $3,328/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98284, Sedro Woolley, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,218 (100%) |
| Owner Occupied HU | 7,749 (69.1%) |
| Renter Occupied HU | 2,912 (26.0%) |
| Vacant Housing Units | 557 ( 5.0%) |
| Median Home Value | $580,440 |
| Average Home Value | $626,039 |
Housing Distribution
Address Breakdown
Residential
10,394
Single Family
9,982
Multi-Family
412
Businesses
516
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karin Peck • NextHome 365 Realty
Mls Name: NWMLS
Mls ID: #2433514