8430 15th Place SE #33Lake 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 8430 15th Place SE #33, Lake Stevens, WA, 98258 listed at $280,500 pairs $3,200/mo rent with a $1,373/mo payment to leave $1,514/mo cash flow. Total monthly income runs $3,200/mo, and annual cash flow reaches $18,165/yr on $92,986 cash to close. Return on cash invested measures 39.44% in year one, and rental yield registers 13.69% at a $280,500 basis. Equity gained on principal adds $1,810/yr, and annual property appreciation at 5% supports $77,497 by year five. Five-year ROI tracks 207.37% and total cumulative return in cash totals $192,826. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,200/mo property income relative to a $1,373/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1991
20.88 Acres 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: Elena M Moore • Daily Realty Group LLC
Mls Name: NWMLS
Mls Provider:
Mls ID: #2392252
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-25 22:19:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)