6948 Howell LaneSedro WoolleyWA98284
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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
Rental property for sale in Sedro Woolley at 6948 Howell Lane, Sedro Woolley, WA, 98284 generates $3,007/mo in rent, after a $3,549/mo payment. Total monthly income is $3,007/mo. Return on cash invested sits at 13.26% in year one, and rental yield is 4.98% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 66.93% and total cumulative return in cash sums $159,641. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,007/mo property income rather than buyer’s personal income.
Manufactured
Built in 2007
9.18 Acres 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
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Listed by: Chad Paulsen • NextHome 365 Realty
Mls Name: NWMLS
Mls ID: #2407184