7720 Island View Court #BMukilteoWA98275
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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 Mukilteo at 7720 Island View Court #B, Mukilteo, WA, 98275 earns from $3,660/mo rent with a $4,870/mo payment. Total monthly income totals $3,660/mo. ROI tracks 11.55% on current figures, and rental yield reads 4.41% at a $995,000 purchase. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 over five years. Five-year ROI reaches 57.75% and total cumulative return in cash sums $189,054. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,660/mo property income instead of your personal income.
Single Family
Built in 2005
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98275, Mukilteo, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,691 (100%) |
| Owner Occupied HU | 5,871 (67.6%) |
| Renter Occupied HU | 2,549 (29.3%) |
| Vacant Housing Units | 271 ( 3.1%) |
| Median Home Value | $955,225 |
| Average Home Value | $1,022,776 |
Housing Distribution
Address Breakdown
Residential
8,590
Single Family
6,547
Multi-Family
2,043
Businesses
792
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Listed by: Graham S Haight • Windermere Real Estate GH LLC
Mls Name: NWMLS
Mls ID: #2425284