1415 84th St SE #143 · Everett, WA 98208

$109,000

3 bd · 2.0 ba · 1,344 sqft · Manufactured public records · 44 Days on market

Built 1971 24 ac lot $81/sqft · 15% below area Est $128k · 15% under ↓ 6% 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
• ARV discount +14.2/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Schools +5.9/10.0
• Livability +3.7/5.0
• Condition / age +2.5/5.0
• Rent growth +1.7/5.0
• Appreciation +0.0/10.0

Listing remarks

Welcome to desirable Mobile Country Club, a family owned, well-maintained 55+ community featuring a fantastic clubhouse with 3 pool tables, weekly activities, including a gym, nice size pool & 2 bay car wash. This home offers 2 bedrooms & 2 bathrooms, with fresh paint throughout & newer flooring. The kitchen shines with granite countertops, 2 sky-lights & ample workspace. Enjoy year-round comfort with forced air heating, a heat pump / A/C. The spacious primary bedroom includes a generous closet, additional linen & coat storage, & a private en-suite bath. Two storage sheds provide plenty of space for hobbies, projects, or extra storage. On site RV parking

Key facts

• Two storage sheds
• On site rv parking
• Ample guest parking

Tags

• GRANITE COUNTERTOPS
• PRIVATE EN-SUITE BATH
• TWO STORAGE SHEDS
• ON SITE RV PARKING
• AMPLE GUEST PARKING
• NO DIRECT REAR NEIGHBORS

Property features AI

Finance

• Other: Land lease amount applies; Park name: Mobile Country Club Park
• Financial info: Listing terms: Cash
• HOA & community: Senior community; Park approved for sale; Approximately 213 homes in the park; Land lease charged (monthly)

Exterior

• Parking: Carport; RV parking in the park
• Utilities: Public water (water service included in park lease); Public sewer (included in park lease); Power via PUD; Cable: Xfinity; Internet: Xfinity
• Home design: Manufactured double-wide home (one level); Style: Manufactured double wide; Skirting: metal and vinyl; Mobile home remains
• Construction: Metal/vinyl construction materials; Torch down roof; Pillar/post/pier foundation; Make: GoldW; Structure type: Manufactured house; Built as a double wide
• Exterior features: Metal/vinyl exterior; Curbs and paved access; Has a view; Park amenities include clubhouse, common area, exercise room, pool, RV parking

Interior

• Kitchen: Dishwasher; Microwave; Refrigerator; Stove/Range
• Bedrooms: 2 bedrooms
• Flooring: Laminate; Vinyl; Carpet
• Bathrooms: 2 full bathrooms (2 tubs, 2 showers); Primary bathroom with adjacent bath (Bath off primary)
• Heating & cooling: Forced air heating; Heat pump; Forced air cooling; Has heating and cooling
• Interior features: Water heater (gas) with exterior closet
• Laundry & utility: Community laundry available in park

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $109k.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $109k).
• Recommended offer: $106k (3.0% below list) — sets the bar for market timing.
• Cap rate 19.9% vs local median 2.5% in Everett — 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 73/100 on livability (#199 in WA) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A, health & safety A; Watch: schools C-, crime D+, amenities F.
• Everett School District (urban): math 60% / reading 72% proficiency, ranked #26 of 291 in WA (top 9%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: Rents falling (-3.2%/yr); 275 active listings in the ZIP; 28 comparable units currently listed for rent nearby; rentals leasing fast (median 10d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 3,982 units permitted in Snohomish County in 2024 (1,492 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $754 of loan paydown is wiped out by about $3k 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 + 0.0% rent growth), your $31k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 44 days — a 3% lower offer ($106k) is reasonable based on typical stale-listing flexibility.

Recommended offer $105,730 (3.0% below list)

Questions for the listing agent

1. It's been on market 44 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — 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. Crime grade is D 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?
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: 2.24% ✓
• Cap rate: 19.94%
• Cash-on-cash: 48.73%
• DSCR: 3.17
• GRM: 3.7

CMA / ARV

• ARV (median comp): $128,000
• List price: $109,000
• Delta: -14.84%
• Verdict: UNDERPRICED
• Comps: 9 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1415 84th St SE #192	0.00mi	2/2.0 (-1)	1,340 (-0%)	9mo	$150,000	$112	87
1415 84th St SE #63	0.00mi	2/2.0 (-1)	1,344 (0%)	13mo	$130,000	$97	84
1415 84th St SE #205	0.00mi	2/2.0 (-1)	1,426 (+6%)	2mo	$128,000	$90	83
1415 84th St SE #172	0.00mi	2/2.0 (-1)	1,424 (+6%)	3mo	$80,000	$56	82
1415 84th St SE #17	0.00mi	2/2.0 (-1)	1,368 (+2%)	13mo	$197,950	$145	81
1415 84th St SE #104	0.00mi	2/2.0 (-1)	1,242 (-8%)	1mo	$75,000	$60	81
1415 84th St SE #45	0.00mi	2/2.0 (-1)	1,240 (-8%)	10mo	$65,000	$52	74
1415 84th St SE #197	0.00mi	2/2.0 (-1)	1,440 (+7%)	12mo	$115,000	$80	73
1415 84th St SE #176	0.00mi	2/2.0 (-1)	1,436 (+7%)	13mo	$186,000	$130	72
1415 84th St SE #11	0.00mi	2/2.0 (-1)	1,200 (-11%)	8mo	$145,000	$121	71
1415 84th St SE #80	0.00mi	2/2.0 (-1)	1,194 (-11%)	7mo	$140,000	$117	70
1415 84th St SE #36	0.00mi	2/2.0 (-1)	1,152 (-14%)	2mo	$150,000	$130	69

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 · 0.0% rent growth · sell at horizon

5-year hold

• IRR: 42.9%
• Equity multiple: 2.77×
• Total profit: $54,107
• Equity at exit: $16,252

10-year hold

• IRR: 47.7%
• Equity multiple: 4.97×
• Total profit: $121,057
• Equity at exit: $9,424

Cash invested: $30,520 (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 98208

• Rents YoY: -3.2%
• Active inventory: 275
• Price-to-rent: 3.7×

Monthly cashflow live

• Estimated rent: $2,446 high
• Mortgage (P&I): −$572
• Tax from tax record: −$76 /mo · $913/yr
• Insurance: −$45
• HOA: −$0
• Vacancy / Maint / Mgmt: −$514
• Net cashflow: $1,239

Break-even live

Break-even rent $877

Max offer price $109,000

Occupancy floor 44%

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: $27,250
• Closing costs: $3,270
• Reserves months: —
• Total cash needed: —

Rent comps 28 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1224 Kossuth Ave Everett, WA	2.0	1.0	1375	$2,700	$1.96	20d	1	0.44mi
9618 19th Ave SE Unit C Everett, WA	3.0	3.0	1637	$3,200	$1.95	10d	1	0.68mi
233 Dorn Ave Unit 1 Everett, WA	2.0	1.0	944	$1,950	$2.07	11d	1	0.74mi
8102 Evergreen Way Everett, WA	1.0–5.0	1.0–2.0	1390	$2,628	$1.89	1d	17	0.75mi
115 Dorn Ave Everett, WA	2.0	1.0–2.0	946	$1,738	$1.84	16d	1	0.80mi
618 75th St SE Everett, WA	3.0	2.0	1232	$2,400	$1.95	11d	1	0.86mi
1915 75th St SE Unit 1H Everett, WA	3.0	1.5	1300	$2,500	$1.92	24d	1	0.89mi
10101 7th Ave SE Everett, WA	1.0–3.0	1.0–2.0	1073	$2,805	$2.61	2d	16	0.90mi
701 75th St SE Everett, WA	1.0–3.0	1.0	820	$2,075	$2.53	5d	5	0.92mi
120 W Casino Rd Everett, WA	1.0–2.0	1.0–1.5	818	$1,993	$2.43	2d	13	1.00mi
2319 75th St SE Everett, WA	3.0	2.0	1112	$2,745	$2.47	24d	1	1.00mi
1304 Bruskrud Rd Everett, WA	2.0	1.5–2.0	900	$2,076	$2.31	5d	5	1.03mi
120 SE Everett Mall Way Everett, WA	1.0–2.0	1.0–2.0	813	$2,172	$2.67	2d	43	1.13mi
6911 Rainier Dr Unit 11-07 Everett, WA	2.0	1.5	1008	$2,095	$2.08	5d	1	1.13mi
6911 Rainier Dr Unit 11-03 Everett, WA	2.0	1.5	1008	$1,695	$1.68	24d	1	1.13mi
222 W Marilyn Ave Everett, WA	3.0	1.0	1000	$2,400	$2.40	16d	1	1.25mi
8710 5th Ave W Everett, WA	2.0	2.0	950	$2,050	$2.16	2d	11	1.28mi
8530 5th Ave W Everett, WA	1.0–2.0	1.0	808	$1,595	$1.97	5d	2	1.28mi
9515 Holly Dr Unit 1 Everett, WA	3.0	2.5	1600	$3,000	$1.88	43d	1	1.32mi
6801 Lombard Ave Unit B Everett, WA	4.0	2.0	1460	$3,200	$2.19	2d	1	1.33mi
6609 Cady Rd Unit 2 Everett, WA	2.0	1.5	1386	$2,225	$1.61	24d	1	1.34mi
702 W Casino Rd Everett, WA	1.0–2.0	1.0–1.5	850	$1,749	$2.06	5d	21	1.36mi
9925 4th Ave W Apt 6 Everett, WA	2.0	2.0	1000	$1,445	$1.45	2d	1	1.39mi
2505 Madison St Unit A Everett, WA	3.0	1.0	1040	$2,800	$2.69	24d	1	1.39mi
2601 106th Pl SE Everett, WA	3.0	2.0	1221	$3,245	$2.66	12d	1	1.45mi
2517 Howard Ave Everett, WA	2.0–3.0	1.0	900	$1,995	$2.22	20d	2	1.48mi
10011 33rd Ave SE Unit B Everett, WA	3.0	2.5	1650	$2,850	$1.73	3d	1	1.49mi
10011 33rd Ave SE Unit A & Everett, WA	3.0	2.5	1625	$2,850	$1.75	3d	1	1.49mi

Listing history 12 events

1. 2026-06-13
   status $109,000 Pending 44 DOM
2. 2026-06-13
   days on market $109,000 Active 44 DOM
3. 2026-06-09
   days on market $109,000 Active 41 DOM
4. 2026-06-08
   days on market $109,000 Active 40 DOM
5. 2026-06-07
   days on market $109,000 Active 39 DOM
6. 2026-06-04
   days on market $109,000 Active 36 DOM
7. 2026-06-03
   days on market $109,000 Active 35 DOM
8. 2026-06-02
   days on market $109,000 Active 34 DOM
9. 2026-06-01
   days on market $109,000 Active 33 DOM
10. 2026-05-31
    days on market $109,000 Active 32 DOM
11. 2026-05-19
    price $109,000
12. 2026-04-29
    listed $116,000 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: $913 · $76/mo
• Projected year-2 tax: $1,068 · $89/mo
• Expected delta: +$155/yr (+$13/mo · 17.0%)

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

Taxation est. · year 1

• Rental income: $29,355
• − Mortgage interest: −$6,106
• − Property taxes: −$913
• − Insurance: −$545
• − Repairs & maintenance: −$2,348
• − Management: −$2,348
• − Depreciation: −$3,171
• Taxable income: $13,923
• Est. tax owed @ 24.0%: −$3,342
• After-tax cash flow: $11,531/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: Everett School District
• NCES district ID: 5302670
• Math proficiency: 60% ▲ 1.00%
• Reading proficiency: 72% ▲ 1.00%
• Median HH income: $66,815
• Composite: 59.0/100
• National rank: #1964
• State rank: #26 of 291 in WA

Livability — Everett

• Score: 73/100
• State rank: #199
• US rank: #5489

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Everett, WA
• County: Snohomish County · 786,756 people
• City population: 173,457
• Metro: Seattle-Tacoma-Bellevue, WA
• Population (ZIP): 60,915
• Household income: $103,705
• Rent vs Own: 30.5% rent · 69.5% own
• Severe rent burden: 1617.0

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 0.65)
• Race & ethnicity: White 55% Asian 17% Hispanic / Latino 14% Two or more races 13% Black 5%
• Hispanic origin (detail): Mexican 10%
• Common ancestry: Portuguese 5% Italian 3% Slovak 2%
• Foreign-born: 27% · Canada, Vietnam, South Korea
• Languages at home: 66% English-only · Spanish 9% Vietnamese 4% Other Asian/Pacific 4%

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: —

Market trends

• HPI YoY: ▼ -884.74%
• Current HPI: 337.856
• Rent YoY: ▼ -3.16%
• Metro: Seattle-Tacoma-Bellevue, WA
• 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

-6.0% since first listed

3 events — show timeline

• 2026-06-13 Pending — NWMLS as Distributed by MLS Grid
• 2026-05-19 Price Changed $109,000 NWMLS as Distributed by MLS Grid
• 2026-04-29 Listed $116,000 NWMLS as Distributed by MLS Grid

Property tax history

+7.5%/yr

Latest (2026): $913 · +0.5% YoY. Source: county tax records.