6901 288th Street NWStanwoodWA98292
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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 Stanwood at 6901 288th Street NW, Stanwood, WA, 98292 listed at $650,000 pairs $4,408/mo rent with a $3,181/mo payment to leave $501/mo cash flow. Total monthly income runs $4,408/mo, and annual cash flow reaches $6,014/yr on $213,850 cash to close. Return on cash invested measures 22.87% in year one, and rental yield registers 8.14% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 118.47% and total cumulative return in cash totals $253,358. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,408/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98292, Stanwood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,175 (100%) |
| Owner Occupied HU | 7,463 (73.3%) |
| Renter Occupied HU | 1,923 (18.9%) |
| Vacant Housing Units | 789 ( 7.8%) |
| Median Home Value | $782,401 |
| Average Home Value | $865,471 |
Housing Distribution
Address Breakdown
Residential
9,543
Single Family
9,169
Multi-Family
374
Businesses
681
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Listed by: Mindy Newton • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2464348