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5900 64th St NE #70
C+ Composite 63.02
Why this score? — see what drove the C+ 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 +22.5/30.0
  • ARV discount +15.0/15.0
  • 1% rule +7.5/10.0
  • DSCR +7.5/10.0
  • Livability +4.2/5.0
  • Schools +4.1/10.0
  • Rent growth +2.9/5.0
  • Appreciation +2.5/10.0
  • Condition / age +2.2/5.0
  • Manufactured-home adj. -5.5

$77,000

5900 64th St NE #70 · Marysville, WA 98270
2 bd · 1.0 ba · 840 sqft · Manufactured public records
Manufactured home 55+ age-restricted Built 1978 Fair condition 0.82 ac lot $92/sqft · 25% below area Est $103k · 25% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

Freshly refreshed and full of cottage-like charm, this 840 sq ft manufactured home offers easy, low-maintenance living in the welcoming 55+ community of Glenwood Estates. Situated on a desirable corner lot, it has added privacy and abundant natural light, creating a bright and inviting atmosphere throughout. Thoughtful updates enhance everyday comfort and efficiency, while the manageable footprint keeps life simple and stress-free. Step outside to your own outdoor space, perfect for gardening, enjoying a morning cup of coffee, or connecting with neighbors. A covered carport at the entry provides convenience, with both ramp capability and stair access.

Key facts

  • Dog park
  • Clubhouse
  • Covered carport

Tags

CORNER LOTOUTDOOR SPACECOVERED CARPORTCLUBHOUSEDOG PARKLOCAL SHOPPING

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath manufactured listed at $77k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $737 ($9k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $77k).
  • Cap rate 17.8% vs local median 3.0% in Marysville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 84/100 on livability (#43 in WA, #768 nationally) — a professional / high-income tenant draw. Strengths: commute A+, employment A+, housing A+; Watch: cost of living F.
  • Marysville School District (suburban): math 36% / reading 51% proficiency, ranked #177 of 291 in WA (top 61%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Liberty Elementary (425 students, 70% FRL); Marysville Middle School (644 students, 66% FRL); Marysville Pilchuck High School (1,238 students, 63% FRL) — zoned schools average 66% FRL vs 40% district-wide (26 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+1.7%/yr); 777 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 64d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 3,982 units permitted in Snohomish County in 2024 (1,492 in 5+ unit buildings).
  • This rent is only 18% of the median local income ($108k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $532 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Snohomish County population projected at +30% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 1.7% rent growth), your $22k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • Only 0 days on market — expect competitive offers; lowballing is unlikely to land.
  • 4 sale attempts; this cycle's ask is 10% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $15k; list at $77k implies a 413% gain — meaningful room to come down on a strong offer.
Recommended offer $77,000

Questions for the listing agent

  1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  2. Built in 1978 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  5. 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.
  6. 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.
  7. 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
2.09%
Cap rate
17.79%
Cash-on-cash
41.05%
DSCR
2.83
GRM
4.0

CMA / ARV

ARV (median comp)
$102,632
List price
$77,000
Delta
-24.97%
Verdict
UNDERPRICED
Comps
4 within 1.0 mi
Show comp detail 5 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5900 64th St NE #70 0.00mi 2/1.0 840 (0%) 4mo $15,000 $18 97
6118 67th Ave NE #4 0.44mi 2/1.0 840 (0%) 5mo $75,000 $89 75
5900 64th St NE #6 0.00mi 2/2.0 960 (+14%) 2mo $199,880 $208 71
5900 64th St NE #6 0.00mi 2/2.0 960 (+14%) 10mo $133,000 $139 64
5900 64th St NE #111 0.00mi 2/1.0 980 (+17%) 24mo $55,000 $56 55

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.66% rent growth · sell at horizon

5-year hold
IRR
36.0%
Equity multiple
2.50×
Total profit
$32,378
Equity at exit
$11,481
10-year hold
IRR
42.1%
Equity multiple
4.72×
Total profit
$80,232
Equity at exit
$6,658

Cash invested: $21,560 (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.
Seller's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
1 active · 1 under contract
Months of supply
2.0 mo (50%/mo absorbed)
Median asking
$74,900 ($96/sqft)
This list price
100% of active listings are priced below it
ARV vs active asking
+27.9% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 98270

Rents YoY
1.7%
Active inventory
777
Price-to-rent
4.0×

Monthly cashflow live

Estimated rent
$1,607 high interval (Pro) →
Mortgage (P&I)
$404
Tax est. 1.5%
$96 /mo · $1,155/yr
Insurance
$32
HOA
$0
Lot rent leased land?
$0
Vacancy / Maint / Mgmt
$337
Net cashflow
$737

Break-even live

Break-even rent $674
Max offer price $77,000
Occupancy floor 49%

Sensitivity live

Price -10% $791 -5% $764 +0% $737 +5% $711 +10% $684
Rent -10% $611 -5% $674 +0% $737 +5% $801 +10% $864
Rate -1.0pp $776 -0.5pp $757 base $737 +0.5pp $718 +1.0pp $697

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
$19,250
Closing costs
$2,310
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
6110 64th St NE Marysville, WA 2.0–3.0 1.0–2.0 997 $1,895 $1.90 0d 3 0.21mi
Xxxx Marysville, WA 2.0 1.0 950 $1,900 $2.00 7d 1 0.38mi
6526 67th Pl NE Marysville, WA 3.0 2.0 1120 $3,100 $2.77 139d 1 0.55mi
6703 Armar Rd Unit 2 Marysville, WA 2.0 1.0 720 $1,700 $2.36 54d 1 0.66mi
1926 1st St Apt C Marysville, WA 2.0 1.0 933 $1,595 $1.71 139d 1 0.80mi
5705 Grove St Apt 8 Marysville, WA 2.0 1.0 980 $1,995 $2.04 97d 1 0.82mi
6719 47th Ave NE Unit B Marysville, WA 2.0 1.0 836 $1,850 $2.21 44d 1 0.88mi
1830 1st St Marysville, WA 2.0 1.0 709 $1,595 $2.25 139d 1 0.88mi
6300 Grove St Unit A Marysville, WA 2.0 1.0 1005 $3,200 $3.18 93d 1 0.91mi
6925 47th Ave NE Marysville, WA 2.0 1.0 899 $1,822 $2.03 0d 4 0.92mi
7126 49th Dr NE Unit 4 Marysville, WA 2.0 1.0 820 $1,495 $1.82 115d 1 0.93mi
7015 47th Ave NE Marysville, WA 1.0–2.0 1.0 802 $1,650 $2.06 108d 3 0.95mi
7111 47th Ave NE Marysville, WA 2.0 1.0 975 $2,050 $2.10 10d 1 0.98mi
1729 8th St Marysville, WA 2.0 1.0 700 $2,300 $3.29 117d 1 1.00mi
7119 47th Ave NE Marysville, WA 2.0 1.0 925 $2,100 $2.27 10d 1 1.02mi
7201 48th Dr NE #2 Marysville, WA 2.0 1.0 864 $2,100 $2.43 27d 1 1.03mi
7218 47th Ave NE Marysville, WA 1.0 1.0 713 $1,800 $2.52 10d 2 1.10mi
7234 47th Ave NE Marysville, WA 1.0–2.0 1.0 835 $1,950 $2.34 76d 3 1.11mi
7234 47th Ave NE Apt 17 Marysville, WA 2.0 1.0 950 $1,895 $1.99 63d 1 1.12mi
7234 47th Ave NE Apt 1 Marysville, WA 1.0 1.0 720 $1,750 $2.43 6d 1 1.12mi
1604 7th St Unit 2 Marysville, WA 1.0 1.0 644 $1,295 $2.01 33d 1 1.13mi
939 Alder Ave Marysville, WA 2.0 1.0 850 $1,800 $2.12 89d 1 1.14mi
804 Columbia Ave Unit 5 Marysville, WA 2.0 1.0 850 $1,695 $1.99 120d 1 1.15mi
1526 7th St Apt 4 Marysville, WA 1.0 1.0 700 $1,495 $2.14 87d 1 1.16mi
1526 7th St Unit 3 Marysville, WA 1.0 1.0 700 $1,495 $2.14 67d 1 1.16mi
1518 7th St #4 Marysville, WA 2.0 1.0 900 $1,595 $1.77 113d 1 1.18mi
4511 73rd Pl NE Marysville, WA 2.0 1.0 1100 $2,100 $1.91 0d 1 1.20mi
4511 73rd Pl NE Marysville, WA 2.0 1.0 900 $1,995 $2.22 95d 1 1.20mi
411 State Ave Unit 413B Marysville, WA 1.0 1.0 800 $1,150 $1.44 33d 1 1.22mi
4817 76th St NE Marysville, WA 2.0 1.5 995 $1,895 $1.90 139d 1 1.22mi
8021 55th Ave NE Unit B Marysville, WA 2.0 1.0 896 $2,050 $2.29 33d 1 1.25mi
7801 47th Ave NE Marysville, WA 2.0 2.0 1110 $2,195 $1.98 1d 1 1.29mi
1404 9th St Marysville, WA 2.0 2.0 841 $2,345 $2.79 113d 1 1.32mi
1031 State Ave Unit 201 Marysville, WA 1.0 1.0 750 $1,495 $1.99 6d 1 1.33mi
1024 Cedar Ave Apt B Marysville, WA 2.0 1.0 1020 $1,795 $1.76 139d 1 1.41mi
1024 Cedar Ave Unit A Marysville, WA 2.0 1.0 1020 $1,750 $1.72 27d 1 1.41mi
4602 80th St NE Marysville, WA 2.0 1.0–2.0 840 $1,962 $2.34 10d 3 1.41mi
709 Cedar Ave #3 Marysville, WA 2.0 1.0 737 $1,650 $2.24 5d 1 1.42mi
1022 Cedar Ave Unit C Marysville, WA 2.0 1.0 1020 $1,750 $1.72 10d 1 1.43mi
1022 Cedar Ave Unit D Marysville, WA 2.0 1.0 1020 $1,795 $1.76 88d 1 1.43mi

Property features AI

Finance

Financial info
Listing terms: Cash or Conventional
HOA & community
Located in Glenwood Estates manufactured home parkPark has 232 homesSenior communityPark amenities include BBQs, clubhouse, common area, exercise room, recreational areaLand lease $1,485

Exterior

Parking
Carport
Utilities
Public water (Marysville Water)Public sewer (Marysville Sewer)Electric power (PUD)Electric water heater
Home design
Manufactured single-wide homeOne storyNorth-facingGood conditionRIDGEWOOD makeHas a viewSkirted with metal
Construction
Metal/vinyl constructionTie-down foundation
Exterior features
Corner lot with curbs and paved accessMetal/vinyl exteriorYard/grounds maintained within manufactured home park

Interior

Kitchen
DishwasherRefrigeratorStove/Range
Bedrooms
2 bedrooms
Flooring
LaminateCarpet
Bathrooms
1 full bathroom with bathtub and shower
Heating & cooling
Forced air heatingWindow air conditioning unit(s)
Interior features
Water heaterEntryKitchen with eating spaceLiving room
Laundry & utility
WasherDryerWater heater located in bedroom closet

Listing history 50 events

  1. 2026-09-21
    days on market $77,000 Active
  2. 2026-09-20
    days on market $77,000 Active 57 DOM
  3. 2026-09-19
    days on market $77,000 Active 56 DOM
  4. 2026-09-18
    days on market $77,000 Active 55 DOM
  5. 2026-09-17
    days on market $77,000 Active 54 DOM
  6. 2026-09-16
    days on market $77,000 Active 53 DOM
  7. 2026-09-15
    days on market $77,000 Active 52 DOM
  8. 2026-09-14
    price $77,000 Active 51 DOM
  9. 2026-09-14
    days on market $84,900 Active 51 DOM
  10. 2026-09-13
    days on market $84,900 Active 50 DOM
  11. 2026-09-12
    days on market $84,900 Active 49 DOM
  12. 2026-09-11
    days on market $84,900 Active 48 DOM
  13. 2026-09-05
    days on market $84,900 Active 42 DOM
  14. 2026-09-04
    days on market $84,900 Active 41 DOM
  15. 2026-09-03
    days on market $84,900 Active 40 DOM
  16. 2026-08-31
    days on market $84,900 Active 37 DOM
  17. 2026-08-29
    days on market $84,900 Active 35 DOM
  18. 2026-08-28
    days on market $84,900 Active 34 DOM
  19. 2026-08-27
    days on market $84,900 Active 33 DOM
  20. 2026-08-26
    days on market $84,900 Active 32 DOM
  21. 2026-08-25
    days on market $84,900 Active 31 DOM
  22. 2026-08-24
    days on market $84,900 Active 30 DOM
  23. 2026-08-23
    days on market $84,900 Active 29 DOM
  24. 2026-08-22
    days on market $84,900 Active 28 DOM
  25. 2026-08-21
    days on market $84,900 Active 27 DOM
  26. 2026-08-20
    days on market $84,900 Active 26 DOM
  27. 2026-08-19
    pricedays on market $84,900 Active 25 DOM
  28. 2026-08-18
    days on market $90,000 Active 24 DOM
  29. 2026-08-17
    days on market $90,000 Active 23 DOM
  30. 2026-08-16
    days on market $90,000 Active 22 DOM
  31. 2026-08-15
    days on market $90,000 Active 21 DOM
  32. 2026-08-14
    days on market $90,000 Active 20 DOM
  33. 2026-08-13
    days on market $90,000 Active 19 DOM
  34. 2026-08-12
    days on market $90,000 Active 18 DOM
  35. 2026-08-11
    pricestatus $90,000 Active 17 DOM
  36. 2026-08-01
    status $69,950 Pending 17 DOM
  37. 2026-07-31
    days on market $69,950 Active 17 DOM
  38. 2026-07-30
    days on market $69,950 Active 16 DOM
  39. 2026-07-30
    days on market $69,950 Active 15 DOM
  40. 2026-07-28
    days on market $69,950 Active 14 DOM
  41. 2026-07-26
    days on market $69,950 Active 12 DOM
  42. 2026-07-24
    days on market $69,950 Active 10 DOM
  43. 2026-07-23
    days on market $69,950 Active 9 DOM
  44. 2026-07-22
    days on market $69,950 Active 8 DOM
  45. 2026-07-21
    days on market $69,950 Active 7 DOM
  46. 2026-07-20
    days on market $69,950 Active 6 DOM
  47. 2026-07-18
    days on market $69,950 Active 4 DOM
  48. 2026-07-18
    days on market $69,950 Active 3 DOM
  49. 2026-07-16
    days on market $69,950 Active 2 DOM
  50. 2026-07-14
    remarks 699-char remark

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$19,285
− Mortgage interest
−$4,313
− Property taxes
−$1,155
− Insurance
−$385
− Repairs & maintenance
−$1,543
− Management
−$1,543
− Depreciation
−$2,240
Taxable income
$8,106
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,945
After-tax cash flow
$6,904/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.

Condition & rehab AI · 9 photos

Fair 45/100 Cosmetic rehab Est. rehab $4,200–$12,600 screening

This 840 sq ft manufactured home is in fair condition with cosmetic updates needed. It offers a low-maintenance living experience in a desirable community.

Repairs flagged

  • Major roof — Signs of wear
  • Major exterior siding — Weathered and faded
  • Minor landscaping — Needs trimming and more vibrant plants

Value-add opportunities

  • Both paint exterior — Enhances curb appeal and value
  • Both replace carpet — Fresh carpet improves comfort and value
  • Both landscaping — Lush landscaping enhances curb appeal and value

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

Zoned Schools

Elementary Allen Creek Elementary School Middle Cedarcrest School High Marysville Getchell High School

Schools (NCES district)

District
Marysville School District
NCES district ID
5304860
Math proficiency
36% ▼ -1.00%
Reading proficiency
51% ▲ 2.00%
Median HH income
$67,461
Composite
41.31/100
National rank
#7367
State rank
#177 of 291 in WA
A Composite livability gradescore 84/100

Livability — Marysville

Score
84/100
State rank
#43
US rank
#768

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Marysville, WA
County
Snohomish County · 899,800 people
City population
85,887
Metro
Seattle-Tacoma-Bellevue, WA
Population (ZIP)
55,049
Household income
$108,147
Rent vs Own
29.4% rent · 70.6% own
Severe rent burden
11% of renters

Population outlook (Snohomish County) Hauer SSP2

Today (2025)
899,800 people
By 2030
960,975 · +6.8%
By 2040
1,074,447 · +19.4%
By 2050
1,171,954 · +30.2%
By 2075
1,384,849 · +53.9%
By 2100
1,497,296 · +66.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.55)
Race & ethnicity
White 64% Hispanic / Latino 17% Two or more races 14% Asian 8% Black 3% Native American 2%
Hispanic origin (detail)
Mexican 13%
Common ancestry
Portuguese 5% Italian 3% Lithuanian 2%
Foreign-born
14% · Canada, China, Vietnam
Languages at home
79% English-only · Spanish 9% Russian/Polish/Slavic 4% Tagalog/Filipino 2%

Political lean MEDSL · Snohomish

2024 margin
D (+19.0) · D 57.8% · R 38.9% · Other 3.3%
2008→2024 swing
+0.1pp no change · 2008: 18.9pp · 2024: 19.0pp
All cycles
2024: D+19.0 2020: D+20.6 2016: D+16.6 2012: D+16.2 2008: D+18.9

Not yet ingested

Civics

Price history

+268.4% since first listed
8 events — show timeline
  • 2026-08-11 Relisted NWMLS as Distributed by MLS Grid
  • 2026-07-31 Pending NWMLS as Distributed by MLS Grid
  • 2026-07-14 Listed $69,950 NWMLS as Distributed by MLS Grid
  • 2026-06-10 Sold (MLS) $15,000 NWMLS as Distributed by MLS Grid
  • 2026-06-05 Pending NWMLS as Distributed by MLS Grid
  • 2026-05-05 Relisted NWMLS as Distributed by MLS Grid
  • 2026-04-15 Pending NWMLS as Distributed by MLS Grid
  • 2026-04-03 Listed $18,990 NWMLS as Distributed by MLS Grid

Property tax history

+5.7%/yr

Latest (2026): $115 · -2.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…