8930 7th Avenue SEEverettWA98208
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 8930 7th Avenue SE, Everett, WA, 98208 in Everett. Rental yield 5.9%. At $675,000 with 5.9% gross yield, current distributions are modest, but the 5% appreciation rate projects $186,490 in new equity by year five, complemented by $6,217/yr in principal paydown. Ziffy Mortgage's DSCR loan (1.09) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $207,948.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 5.4% |
| Monthly Cash Flow | $(738) | $420 |
City averages based on Everett market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,319 |
| Total Monthly Debt Service | $3,789 |
| DSCR Ratio | 0.88x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1963
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98208, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,993 (100%) |
| Owner Occupied HU | 15,030 (65.4%) |
| Renter Occupied HU | 7,352 (32.0%) |
| Vacant Housing Units | 611 ( 2.7%) |
| Median Home Value | $720,236 |
| Average Home Value | $774,386 |
Housing Distribution
Address Breakdown
Residential
22,196
Single Family
17,685
Multi-Family
4,511
Businesses
854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1963
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98208, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,993 (100%) |
| Owner Occupied HU | 15,030 (65.4%) |
| Renter Occupied HU | 7,352 (32.0%) |
| Vacant Housing Units | 611 ( 2.7%) |
| Median Home Value | $720,236 |
| Average Home Value | $774,386 |
Housing Distribution
Address Breakdown
Residential
22,196
Single Family
17,685
Multi-Family
4,511
Businesses
854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NWMLS as distributed by MLS GRID
Mls ID: #2486849