5731 12th Avenue W #I-203EverettWA98203
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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 5731 12th Avenue W #I-203, Everett, WA, 98203 earns $494/mo cash flow from $2,688/mo rent with a $1,786/mo payment. Total monthly income totals $2,688/mo, and annual cash flow totals $5,933/yr on $120,998 capital. ROI tracks 24.81% on current figures, and rental yield reads 8.84% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 128.91% and total cumulative return in cash sums $155,983. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,688/mo property income instead of your personal income.
Condo
Built in 1998
N/A 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: Mike Novak • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2446876