8603 E Gilman AvenueArlingtonWA98223
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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 Arlington at 8603 E Gilman Avenue, Arlington, WA, 98223 listed at $514,950 pairs $3,349/mo rent with a $2,520/mo payment to leave $254/mo cash flow. Total monthly income runs $3,349/mo, and annual cash flow reaches $3,048/yr on $169,419 cash to close. Return on cash invested measures 21.86% in year one, and rental yield registers 7.8% at a $514,950 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,271 by year five. Five-year ROI tracks 113.02% and total cumulative return in cash totals $191,481. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,349/mo property income relative to a $2,520/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2022
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98223, Arlington, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 13,323 (67.5%) |
| Renter Occupied HU | 5,109 (25.9%) |
| Vacant Housing Units | 1,300 ( 6.6%) |
| Median Home Value | $712,747 |
| Average Home Value | $755,345 |
Housing Distribution
Address Breakdown
Residential
17,372
Single Family
16,566
Multi-Family
806
Businesses
1,253
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Listed by: Dennis Derun • John L. Scott Mukilteo
Mls Name: NWMLS
Mls ID: #2386803