8330 276th Place NW #3StanwoodWA98292
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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 Stanwood at 8330 276th Place NW #3, Stanwood, WA, 98292 uses $125,639 cash to close to unlock $5,085/yr annual cash flow and $424/mo monthly cash flow. Total monthly income runs $2,702/mo, and a $1,855/mo payment keeps the spread at $424/mo. Purchase price stands at $379,000, and rental yield measures 8.56% with $2,702/mo rent. Return on cash invested shows 23.96% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 124.32% and total cumulative return in cash records $156,191. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,702/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98292, Stanwood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,175 (100%) |
| Owner Occupied HU | 7,463 (73.3%) |
| Renter Occupied HU | 1,923 (18.9%) |
| Vacant Housing Units | 789 ( 7.8%) |
| Median Home Value | $782,401 |
| Average Home Value | $865,471 |
Housing Distribution
Address Breakdown
Residential
9,543
Single Family
9,169
Multi-Family
374
Businesses
681
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Listed by: Genevieve Stoll • Windermere Real Estate/PSR Inc
Mls Name: NWMLS
Mls ID: #2434883