7025 Rainier Drive #CEverettWA98203
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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 7025 Rainier Drive #C, Everett, WA, 98203 offers a 4.83% rental yield on a $564,990 purchase with $2,274/mo rent. 82% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,096 over five years. Portfolio math shows five-year ROI at 64.56% and total cumulative return in cash at $120,012. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,274/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
1,241 sqft 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: Ebrima Wadda • Windermere Real Estate/M2, LLC
Mls Name: NWMLS
Mls ID: #2440418