9931 18th Avenue W UNIT 34EverettWA98204
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 9931 18th Avenue W UNIT 34, Everett, WA, 98204 in Everett hard to pass up. The 15.85% gross yield on a $214,000 purchase results in $2,827/mo in rent and $1,541/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.94). Annual cash flow of $18,490, five-year appreciation of $59,124, and $1,971/yr in equity build-up combine for a projected total cumulative return of $180,180.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.9% | 5.4% |
| Monthly Cash Flow | $1,541 | $420 |
City averages based on Everett market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,827 |
| Total Monthly Debt Service | $1,201 |
| DSCR Ratio | 2.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98204, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,997 (100%) |
| Owner Occupied HU | 6,718 (35.4%) |
| Renter Occupied HU | 11,476 (60.4%) |
| Vacant Housing Units | 803 ( 4.2%) |
| Median Home Value | $557,323 |
| Average Home Value | $604,106 |
Housing Distribution
Address Breakdown
Residential
18,085
Single Family
7,909
Multi-Family
10,176
Businesses
1,019
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
Manufactured
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98204, Everett, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,997 (100%) |
| Owner Occupied HU | 6,718 (35.4%) |
| Renter Occupied HU | 11,476 (60.4%) |
| Vacant Housing Units | 803 ( 4.2%) |
| Median Home Value | $557,323 |
| Average Home Value | $604,106 |
Housing Distribution
Address Breakdown
Residential
18,085
Single Family
7,909
Multi-Family
10,176
Businesses
1,019
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices