Plan 2391 Plan, Mill BridgeLake StevensWA98258
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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 Lake Stevens at Plan 2391 Plan, Mill Bridge, Lake Stevens, WA, 98258 uses $225,349 cash to close to unlock $1,010/yr annual cash flow and $84/mo monthly cash flow. Total monthly income runs $4,201/mo, and a $3,352/mo payment keeps the spread at $84/mo. Purchase price stands at $684,950, and rental yield measures 7.36% with $4,201/mo rent. Return on cash invested shows 20.51% in year one, and 5% annual appreciation builds toward $189,239 over five years. Five-year ROI reaches 105.8% and total cumulative return in cash records $238,423. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,201/mo property income covering a $3,352/mo payment rather than investor’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98258, Lake Stevens, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,564 (100%) |
| Owner Occupied HU | 15,349 (78.5%) |
| Renter Occupied HU | 3,813 (19.5%) |
| Vacant Housing Units | 402 ( 2.1%) |
| Median Home Value | $745,358 |
| Average Home Value | $840,577 |
Housing Distribution
Address Breakdown
Residential
19,099
Single Family
18,937
Multi-Family
162
Businesses
578
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Listed by: N/A • KB Home
Mls Name: KB Home
Mls Provider:
Mls ID: #N/A