524 Wetmore AvenueEverettWA98201
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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 524 Wetmore Avenue, Everett, WA, 98201 at $729,950 posts ROI 16.37% with from $3,650/mo rent. Total monthly income equals $3,650/mo. Return on cash invested measures 16.37% and rental yield reads 6% at the current $729,950. Equity gained on principal adds $4,710/yr, and 5% annual appreciation supports $201,672 by year five. Five-year ROI prints 83.6% and total cumulative return in cash totals $200,771. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,650/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98201, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,220 (100%) |
| Owner Occupied HU | 6,032 (37.2%) |
| Renter Occupied HU | 9,043 (55.8%) |
| Vacant Housing Units | 1,145 ( 7.1%) |
| Median Home Value | $630,307 |
| Average Home Value | $699,090 |
Housing Distribution
Address Breakdown
Residential
14,268
Single Family
10,340
Multi-Family
3,928
Businesses
1,659
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Listed by: Teri Kielow • North Pacific Properties
Mls Name: NWMLS
Mls ID: #2451128