7005 226th Pl SWMountlake TerraceWA98043
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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 Mountlake Terrace at 7005 226th Pl SW, Mountlake Terrace, WA, 98043 offers a 5.96% rental yield on a $709,900 purchase with $3,527/mo rent. 25% in year one. Equity gained on principal adds $4,581/yr while 5% annual appreciation supports $196,132 over five years. Portfolio math shows five-year ROI at 82.98% and total cumulative return in cash at $193,804. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,527/mo property income against a $3,475/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98043, Mountlake Terrace, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,432 (100%) |
| Owner Occupied HU | 5,573 (53.4%) |
| Renter Occupied HU | 4,342 (41.6%) |
| Vacant Housing Units | 517 ( 5.0%) |
| Median Home Value | $723,497 |
| Average Home Value | $765,585 |
Housing Distribution
Address Breakdown
Residential
9,582
Single Family
7,490
Multi-Family
2,092
Businesses
569
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