521 E Gilman AvenueArlingtonWA98223
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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 Arlington at 521 E Gilman Avenue, Arlington, WA, 98223 priced at $625,000 pairs $3,894/mo rent with $137/mo cash flow after a $3,059/mo payment. Total monthly income equals $3,894/mo, and annual cash flow comes to $1,645/yr on $205,625 invested. Return on cash invested is 20.86% in year one, and rental yield stands at 7.48% on a $625,000 basis. Equity gained on principal adds $4,033/yr, and 5% annual appreciation accumulates to $172,676 by year five. Five-year ROI measures 107.68% and total cumulative return in cash reaches $221,425. For financing, Ziffy Mortgage’s DSCR program evaluates $3,894/mo property income against a $3,059/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98223, Arlington, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 13,323 (67.5%) |
| Renter Occupied HU | 5,109 (25.9%) |
| Vacant Housing Units | 1,300 ( 6.6%) |
| Median Home Value | $712,747 |
| Average Home Value | $755,345 |
Housing Distribution
Address Breakdown
Residential
17,372
Single Family
16,566
Multi-Family
806
Businesses
1,253
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Listed by: Kelly Gatz • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2428382