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4000 76th St NE #33
C+ Composite 63.75
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Livability +4.2/5.0
  • Schools +4.1/10.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$99,950

4000 76th St NE #33 · Marysville, WA 98270
1 bd · 1.0 ba · 600 sqft · Manufactured public records · 92 Days on market
Built 1970 $167/sqft · 21% above area Est $83k · 21% over ↓ 8% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Major price reduction - Motivated seller. Submit your offers for a quick sale. Ready to downsize and simplify to a fabulous updated 'new' old home. This affordable manufactured home in a senior park offers, comfort, convenience and relaxed pace. Enjoy downtown perks, shopping, proximity to regional medical centers and major employers like Boeing and Amazon.

Key facts

  • Major employers
  • 3 parking spots
  • Built 1970

Tags

AFFORDABLE MANUFACTURED HOMEMAJOR EMPLOYERS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath manufactured listed at $100k.

Deal economics

  • At list price, monthly cash flow is $904 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $100k).
  • Recommended offer: $91k (9.0% below list) — sets the bar for market timing.
  • Cap rate 17.1% 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.
  • Market conditions: Rents rising (+1.7%/yr); 430 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 5d 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 $692 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 + 1.7% rent growth), your $28k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 92 days — a 9% lower offer ($91k) is reasonable based on typical stale-listing flexibility.
Recommended offer $90,954 (9.0% below list)

Questions for the listing agent

  1. It's been on market 92 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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.
  7. 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.
  8. 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
1.88%
Cap rate
17.14%
Cash-on-cash
38.75%
DSCR
2.72
GRM
4.4

CMA / ARV

ARV (median comp)
$82,834
List price
$99,950
Delta
20.66%
Verdict
OVERPRICED
Comps
1 within 2.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
4000 76th St NE #46 0.00mi 1/1.0 586 (-2%) 9mo $82,500 $141 89

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
33.5%
Equity multiple
2.39×
Total profit
$38,818
Equity at exit
$14,903
10-year hold
IRR
39.7%
Equity multiple
4.49×
Total profit
$97,760
Equity at exit
$8,642

Cash invested: $27,986 (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.

ZIP-level market 98270

Rents YoY
1.7%
Active inventory
430
Price-to-rent
4.4×

Monthly cashflow live

Estimated rent
$1,882 high interval (Pro) →
Mortgage (P&I)
$524
Tax from tax record
$17 /mo · $207/yr
Insurance
$42
HOA
$0
Vacancy / Maint / Mgmt
$395
Net cashflow
$904

Break-even live

Break-even rent $738
Max offer price $99,950
Occupancy floor 47%

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
$24,988
Closing costs
$2,998
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 11 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4000 76th St NE #42 Marysville, WA 2.0 1.0 540 $1,850 $3.43 5d 1 0.01mi
1310 Cedar Ave Marysville, WA 1.0–2.0 1.0 778 $1,825 $2.34 43d 7 0.22mi
1100 Columbia Ave Marysville, WA 1.0–2.0 1.0 759 $1,625 $2.14 2d 3 0.24mi
1060 Columbia Ave Marysville, WA 1.0 1.0 520 $1,795 $3.45 5d 2 0.31mi
4602 80th St NE Marysville, WA 1.0–2.0 1.0–2.0 777 $1,775 $2.28 5d 3 0.39mi
4521 80th St NE Marysville, WA 1.0–2.0 1.0–1.5 881 $1,750 $1.99 5d 3 0.41mi
7111 47th Ave NE Marysville, WA 2.0 1.0 637 $1,638 $2.57 5d 3 0.45mi
7015 47th Ave NE Marysville, WA 1.0–2.0 1.0 802 $1,450 $1.81 12d 3 0.48mi
1729 8th St Marysville, WA 2.0 1.0 700 $2,300 $3.29 22d 1 0.60mi
715 Cedar Ave Unit 715-105 Marysville, WA 1.0 1.0 420 $1,449 $3.45 43d 1 0.67mi
1830 1st St Marysville, WA 2.0 1.0 709 $1,595 $2.25 43d 1 1.04mi

Listing history 12 events

  1. 2026-06-15
    days on market $99,950 Active 92 DOM
  2. 2026-06-13
    pricedays on market $99,950 Active 90 DOM
  3. 2026-06-09
    days on market $119,950 Active 86 DOM
  4. 2026-06-08
    days on market $119,950 Active 85 DOM
  5. 2026-06-07
    days on market $119,950 Active 84 DOM
  6. 2026-06-04
    days on market $119,950 Active 81 DOM
  7. 2026-06-03
    days on market $119,950 Active 80 DOM
  8. 2026-06-02
    days on market $119,950 Active 79 DOM
  9. 2026-06-01
    days on market $119,950 Active 78 DOM
  10. 2026-05-31
    days on market $119,950 Active 77 DOM
  11. 2026-04-21
    price $119,950
  12. 2026-03-15
    listed $129,950 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
$207 · $17/mo
Projected year-2 tax
$980 · $82/mo
Expected delta
+$773/yr (+$64/mo · 374.1%)

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$22,583
− Mortgage interest
−$5,599
− Property taxes
−$207
− Insurance
−$500
− Repairs & maintenance
−$1,807
− Management
−$1,807
− Depreciation
−$2,908
Taxable income
$9,757
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,342
After-tax cash flow
$8,503/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
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

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 · 786,756 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
1150.0

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 0.55)
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

Market trends

HPI YoY
▼ -673.52%
Current HPI
321.1535
Rent YoY
▲ 1.66%
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

Price history

-7.7% since first listed
2 events — show timeline
  • 2026-04-21 Price Changed $119,950 NWMLS as Distributed by MLS Grid
  • 2026-03-15 Listed $129,950 NWMLS as Distributed by MLS Grid

Property tax history

+21.5%/yr

Latest (2026): $207 · +46.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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