701 Silver Crown Ave · Northport, WA 99157

$40,000

1 bd · 1.0 ba · 672 sqft · Manufactured public records · 265 Days on market

Built 1979 5,998 sqft lot ↓ 33% since listing

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Appreciation +7.5/10.0
• Schools +4.7/10.0
• Livability +2.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

This mobile home is situated on a spacious corner lot, offering extra room and privacy. A great opportunity to own property in a quiet community, this home is ready for your personal touch. Whether you’re looking for a primary residence, a rental, or a getaway spot near the beauty of Northeast Washington, this property is full of potential. Don’t miss the chance to make it your own!

Key facts

• Corner lot
• Quiet community
• 5,998 sq ft lot

Tags

• CORNER LOT
• QUIET COMMUNITY

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath manufactured listed at $40k.

Deal economics

• At list price, monthly cash flow is $301 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($791 rent vs $40k).
• Recommended offer: $35k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 58/100 on livability (#518 in WA) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing B+; Watch: schools C-, crime F, amenities F.
• Northport School District (rural): math 50% / reading 60% proficiency, ranked #121 of 291 in WA (top 42%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 25 active listings in the ZIP; 341 units permitted in Stevens County in 2024 (72 in 5+ unit buildings).

Forward outlook

• In year one you build about $2k of equity ($277 loan paydown + $2k appreciation (5.0% local appreciation)).
• Stevens County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (5.0% appreciation + 3.0% rent growth), your $11k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 265 days — a 12% lower offer ($35k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: severe flood risk; major wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $35,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 265 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.98% ✓
• Cap rate: 17.31%
• Cash-on-cash: 39.35%
• DSCR: 2.75
• GRM: 4.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

4.95% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 41.2%
• Equity multiple: 3.53×
• Total profit: $28,315
• Equity at exit: $22,554

10-year hold

• IRR: 39.3%
• Equity multiple: 7.18×
• Total profit: $69,167
• Equity at exit: $38,832

Cash invested: $11,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 28 Tenant-Leaning
• State Washington: 28 Tenant-Leaning · D+8
• County: — inherits STATE
• City: — inherits STATE

Just-cause statewide (2021); Seattle layers rent control restrictions + relocation assistance; very tenant-friendly.

Methodology + full state rankings →

ZIP-level market 99157

• Home prices YoY: 2.0%
• Active inventory: 25
• Price-to-rent: 4.2×

Monthly cashflow live

• Estimated rent: $791 medium
• Mortgage (P&I): −$210
• Tax from tax record: −$31 /mo · $370/yr
• Insurance: −$17
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$166
• Net cashflow: $301

Break-even live

Break-even rent $410

Max offer price $40,000

Occupancy floor 57%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $10,000
• Closing costs: $1,200
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-18
   days on market $40,000 Active 265 DOM
2. 2026-06-17
   days on market $40,000 Active 264 DOM
3. 2026-06-16
   days on market $40,000 Active 263 DOM
4. 2026-06-15
   days on market $40,000 Active 262 DOM
5. 2026-06-15
   days on market $40,000 Active 261 DOM
6. 2026-06-13
   days on market $40,000 Active 260 DOM
7. 2026-06-12
   days on market $40,000 Active 259 DOM
8. 2026-06-09
   days on market $40,000 Active 256 DOM
9. 2026-06-08
   days on market $40,000 Active 255 DOM
10. 2026-06-08
    days on market $40,000 Active 254 DOM
11. 2026-06-05
    days on market $40,000 Active 252 DOM
12. 2026-06-03
    days on market $40,000 Active 250 DOM
13. 2026-06-02
    days on market $40,000 Active 249 DOM
14. 2026-06-01
    days on market $40,000 Active 248 DOM
15. 2026-05-31
    days on market $40,000 Active 247 DOM
16. 2026-04-28
    price $40,000
17. 2026-02-24
    price $50,000
18. 2025-09-26
    listed $60,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast WA · Resets to sale price

• Current annual tax: $370 · $31/mo
• Projected year-2 tax: $392 · $33/mo
• Expected delta: +$22/yr (+$2/mo · 6.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone X · 78% chance over 30 yrs
• 🔥 Wildfire 6/10 Major
• 🌡 Heat 4/10 Moderate 8 d/yr ≥92°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 10/10 Extreme 21 unhealthy d/yr today · 23 by 30 yrs out

Taxation est. · year 1

• Rental income: $9,487
• − Mortgage interest: −$2,241
• − Property taxes: −$370
• − Insurance: −$998
• − Repairs & maintenance: −$759
• − Management: −$759
• − Depreciation: −$1,164
• Taxable income: $3,197
• Est. tax owed @ 24.0%: −$767
• After-tax cash flow: $2,843/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Northport School District
• NCES district ID: 5305880
• Math proficiency: 50% ▲ 10.00%
• Reading proficiency: 60% ▼ -5.00%
• Median HH income: $31,668
• Composite: 46.98/100
• National rank: #5150
• State rank: #121 of 291 in WA

Livability — Northport

• Score: 58/100
• State rank: #518
• US rank: #21474

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment F Housing B+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Northport, WA
• Population (ZIP): 719

Population outlook (Stevens County) Hauer SSP2

• Today (2025): 43,696 people
• By 2030: 43,203 · -1.1%
• By 2040: 41,190 · -5.7%
• By 2050: 38,231 · -12.5%
• By 2075: 31,260 · -28.5%
• By 2100: 22,931 · -47.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 4% Hispanic / Latino 3% Asian 2%
• Common ancestry: Slovak 7% Portuguese 6% Serbian 3%
• Foreign-born: 1% · Canada
• Languages at home: 99% English-only · Spanish 1% Other Asian/Pacific 1%

Political lean MEDSL · Stevens

• 2024 margin: Solid R (+44.1) · D 26.7% · R 70.8% · Other 2.5%
• 2008→2024 swing: -23.4pp toward R · 2008: -20.7pp · 2024: -44.1pp
• All cycles: 2024: R+44.1 2020: R+42.1 2016: R+40.8 2012: R+27.7 2008: R+20.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 4.95%
• Current HPI: 246.5781
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 4.65%
• F500 in state: 22

Industry mix (Fortune 500 HQ in WA)

Industry	F500 HQs	Revenue
▸Retail	2	$269B
▸Technology / Retail	1	$638B
▸Technology	1	$245B
▸Telecommunications	1	$38B
▸Food / Beverage	1	$36B
▸Automotive / Trucks	1	$34B

Price history

-33.3% since first listed

3 events — show timeline

• 2026-04-28 Price Changed $40,000 NWMLS as Distributed by MLS Grid
• 2026-02-24 Price Changed $50,000 NWMLS as Distributed by MLS Grid
• 2025-09-26 Listed $60,000 NWMLS as Distributed by MLS Grid

Property tax history

+1.3%/yr

Latest (2026): $370 · -2.9% YoY. Source: county tax records.