846 Katelyn CtBurlingtonWA98233
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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
Rental property for sale in Burlington at 846 Katelyn Ct, Burlington, WA, 98233 priced at $639,000 pairs $2,838/mo rent with after a $3,128/mo payment. Total monthly income equals $2,838/mo. Return on cash invested is 14.33% in year one, and rental yield stands at 5.33% on a $639,000 basis. Equity gained on principal adds $4,123/yr, and 5% annual appreciation accumulates to $176,544 by year five. Five-year ROI measures 72.68% and total cumulative return in cash reaches $152,788. For financing, Ziffy Mortgage’s DSCR program evaluates $2,838/mo property income against a $3,128/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
8,537 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98233, Burlington, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,544 (100%) |
| Owner Occupied HU | 4,008 (61.2%) |
| Renter Occupied HU | 2,291 (35.0%) |
| Vacant Housing Units | 245 ( 3.7%) |
| Median Home Value | $585,132 |
| Average Home Value | $608,769 |
Housing Distribution
Address Breakdown
Residential
6,321
Single Family
5,652
Multi-Family
669
Businesses
928
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Nearby investment properties with comparable prices
Listed by: Rani Ehalt • CENTURY 21 North Homes Realty
Mls Name: NWMLS
Mls ID: #2439215