7517 188th St SESnohomishWA98296
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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 Snohomish at 7517 188th St SE, Snohomish, WA, 98296 earns from $5,994/mo rent with a $7,867/mo payment. Total monthly income totals $5,994/mo. ROI tracks 11.92% on current figures, and rental yield reads 4.47% at a $1,607,400 purchase. Equity gained on principal adds $10,372/yr, and 5% annual appreciation supports $444,095 over five years. Five-year ROI reaches 59.66% and total cumulative return in cash sums $310,715. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,994/mo property income instead of your personal income.
Single Family
Built in 2019
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98296, Snohomish, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,866 (100%) |
| Owner Occupied HU | 8,856 (89.8%) |
| Renter Occupied HU | 819 ( 8.3%) |
| Vacant Housing Units | 191 ( 1.9%) |
| Median Home Value | $944,227 |
| Average Home Value | $1,040,759 |
Housing Distribution
Address Breakdown
Residential
9,519
Single Family
8,992
Multi-Family
527
Businesses
209
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Listed by: N/A • N/A
Mls Name: John L Scott Real Estate
Mls ID: #2419830