704 87th Ave NE TRAILER 1Lake StevensWA98258
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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 Lake Stevens at 704 87th Ave NE TRAILER 1, Lake Stevens, WA, 98258 offers a 9.44% rental yield on a $180,000 purchase with $1,416/mo rent. Total monthly income registers $1,416/mo, and a $881/mo payment leaves $334/mo available for distribution. Annual cash flow reaches $4,008/yr on $59,670 to close, and return on cash invested stands at 26.63% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 138.63% and total cumulative return in cash at $82,721. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,416/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98258, Lake Stevens, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,564 (100%) |
| Owner Occupied HU | 15,349 (78.5%) |
| Renter Occupied HU | 3,813 (19.5%) |
| Vacant Housing Units | 402 ( 2.1%) |
| Median Home Value | $745,358 |
| Average Home Value | $840,577 |
Housing Distribution
Address Breakdown
Residential
19,099
Single Family
18,937
Multi-Family
162
Businesses
578
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Listed by: N/A • N/A
Mls Name: FSBO-Online.com
Mls ID: #N/A