932 288th Street NW Lot 3ArlingtonWA98223
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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 932 288th Street NW Lot 3, Arlington, WA, 98223 offers a 4.58% rental yield on a $1,199,000 purchase with $4,580/mo rent. 25% in year one. Equity gained on principal adds $7,737/yr while 5% annual appreciation supports $331,262 over five years. Portfolio math shows five-year ROI at 61.45% and total cumulative return in cash at $238,737. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,580/mo property income against a $5,869/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
6.39 Acres 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: Anita R. Fawcett • Windermere Real Estate JS
Mls Name: NWMLS
Mls ID: #2444076