Client Portal
Everett, Washington

Investment Property Loans in Everett, WA

DSCR loans, plus fix and flip and ground-up construction financing, for investors buying or refinancing in Everett and surrounding cities.

Everett skyline

Photo: Quintin Soloviev, CC BY 4.0, via Wikimedia Commons.

The Local Numbers

Everett Rental Market at a Glance

$636,751
Typical home value
-1.6% over 12 months
$1,946/mo
Typical rent
+2.0% over 12 months
3.7%
Annual rent to value
Typical rent x 12, divided by typical value

Source: Zillow Home Value Index (mid-tier single-family and condo) and Zillow Observed Rent Index for Everett, August 2026. Figures are market-wide typical values, not an appraisal or a quote.

Local Rules

Investing in Everett: The Local Rules

Property tax

  • Snohomish County's 2026 assessor report gives Everett a predominant levy rate of $8.5886 per $1,000 of assessed value, with rates across the city's 17 tax code areas ranging from $6.6807 to $8.9929.

    For investors: Look up the tax code area on the Snohomish County parcel record before modeling an Everett rental, because a home in the city's highest-rate area pays noticeably more per $1,000 of value than one in the lowest.

    Source: Snohomish County Assessor, 2026 Annual Report, Oct 2026

  • In Everett's predominant 2026 tax code area, the city's regular levy is $1.47 and its EMS levy $0.36 per $1,000, while Everett School District excess levies add $3.68 and state school levies $2.23.

    For investors: The school district's excess levies are the largest single piece of an Everett rental's tax bill and change when voters renew or replace them, so read the parcel's own tax code area breakdown instead of assuming the citywide typical rate.

    Source: Snohomish County Assessor, 2026 Annual Report, Tax Code Areas and Rates (TCA 00010), Oct 2026

Market note

  • The same Snohomish County report puts Everett's 2026 average residence value at $571,000, up 6.3% from 2025, with a typical 2026 tax of $4,904.09, up 4.7%.

    For investors: Use the county's typical-residence figures as a sanity check when an Everett seller's tax history looks off, but underwrite from the actual parcel statement, since values and levy rates vary across the city's tax code areas.

    Source: Snohomish County Assessor, 2026 Annual Report, Oct 2026

  • Everett Housing Authority pays its share of a voucher holder's rent directly to the landlord each month, anywhere from 30 to 100 percent of the total, after inspecting the unit before the lease is signed.

    For investors: For an Everett rental, accepting Housing Choice Vouchers widens the applicant pool with tenants whose rent is partly paid by the authority. Clear the authority's posted pre-inspection checklist before listing to avoid move-in delays.

    Source: Everett Housing Authority, Landlords, Oct 2026

What drives rental demand

  • Military OneSource reports about 6,500 Sailors and civil service personnel assigned to commands at Naval Station Everett, which the Navy dedicated on April 8, 1994.

    For investors: Only about 350 to 400 of those people are assigned to the station itself, with the rest in tenant commands. The Navy's support complex with the commissary and exchange sits about 11 miles north in Marysville.

    Source: Military OneSource, Naval Station Everett In-Depth Overview, Oct 2026

  • Boeing describes its Everett site as having the world's largest manufacturing building, enclosing 472 million cubic feet over 98.3 acres, and says development of the 777X is based there.

    For investors: Boeing's page gives no dated headcount, so treat the plant as a large but unquantified employer rather than modeling a specific worker count. Aerospace production at this scale still anchors demand for rentals within commuting range of the site.

    Source: Boeing, Everett Production Facility, Oct 2026

  • The Port of Everett, on Port Gardner Bay at the mouth of the Snohomish River, says its activities support more than 40,000 jobs and contribute $433 million in state and local taxes.

    For investors: Alongside its international seaport, the port runs a public marina and the Waterfront Place district, where restaurants and other businesses keep signing leases, adding jobs and amenities along Everett's waterfront.

    Source: Port of Everett, Oct 2026

  • Sound Transit's Everett Link Extension would add 16 miles and six funded stations ending at Everett Station; its draft impact statement was published September 18, 2026, with openings set for 2037 and 2041.

    For investors: Sound Transit's May 2026 plan update kept Everett Link fully funded, with a final impact statement expected in late 2027 or early 2028. Long-term Everett holders may watch the SW Everett Industrial Center, SR 526/Evergreen and Everett Station sites.

    Source: Sound Transit, Everett Link Extension, Oct 2026

Utilities

  • Snohomish County PUD moved its Owner Agent Agreement to the free MySnoPUD portal, where owners and managers in its service area can submit applications for service for their tenants online.

    For investors: An Everett landlord with an active agreement can set up power for incoming renters online instead of by phone. Emailed and faxed applications are no longer accepted, and the PUD retired its tenant information form to protect customer privacy.

    Source: Snohomish County PUD, Resources for Property Managers, Oct 2026

Five-Year Trend

Everett Home Values and Rents, Month by Month

Zillow typical values, Aug 2021 to Aug 2026. Tap a chart to read any month.

Typical home value $636,751 Aug 2026 +14.8% over 5 years
$542k $609k $677k 202120222023202420252026
Typical rent $1,946/mo Aug 2026 +19.4% over 5 years
$1,592 $1,788 $1,984 202120222023202420252026
DSCR Explorer

Would a typical Everett rental cover its own payment?

Rent divided by the full monthly cost. Move the sliders.

1.00
estimated DSCR
Loan amount
Principal and interest
Taxes, insurance, dues
Total monthly cost
Estimated DSCR by loan-to-value
1.00
60%
1.00
65%
1.00
70%
1.00
75%
1.00
80%

Illustration only: 30-year amortizing payment, Zillow typical values (Aug 2026). Not an appraisal or a quote.

Beyond Single-Family

Small Multifamily Rentals in Everett

Rental Housing by Building Size

Of 22,123 renter-occupied homes in Everett:

  • 2 to 4 units3,927 (17.8%)
  • 5 to 9 units2,842 (12.8%)
  • 10 to 19 units3,458 (15.6%)

Median gross rent $1,675/mo · renters are 50% of households.

Source: U.S. Census Bureau, American Community Survey 5-year estimates (2019 to 2023), tables B25032, B25064 and B25003 for Everett.

Investor Questions

Everett Investor FAQ

How much property tax does an Everett home owe in 2026?

Snohomish County's 2026 assessor report lists Everett's predominant levy rate at $8.5886 per $1,000 of assessed value, with the city's 17 tax code areas ranging from $6.6807 to $8.9929. It puts Everett's 2026 average residence value at $571,000, with a typical tax of $4,904.09.

Source: snohomishcountywa.gov

Is light rail coming to Everett?

Sound Transit plans the Everett Link Extension, adding 16 miles and six new stations ending at Everett Station, opening in two phases in 2037 and 2041. Its draft environmental impact statement was published September 18, 2026, and a final statement is expected in late 2027 or early 2028.

Source: soundtransit.org

How large is the Navy presence at Naval Station Everett?

Military OneSource reports about 6,500 Sailors and civil service personnel assigned to commands at Naval Station Everett, with about 350 to 400 assigned to the station itself. The Navy's support complex sits about 11 miles north in Marysville.

Source: installations.militaryonesource.mil

Washington

Washington Rules Investors Ask About

All Washington city guides ›

LiButti Capital

Get your personalized rate.

Tell us about the deal. No tax returns, and no credit pull to see where you stand.

📞 Call us now (650) 200-2304
8% complete · Loan type
⏱ About 30 seconds ✓ No credit pull to see your rate ✓ No tax returns — the property qualifies, not your paycheck

What kind of loan are you looking for?

Are you the investor, or a broker?

What are you looking to do?

Where are you in the purchase?

What type of property is it?

How will it be rented?

What's the monthly market rent?

Current or expected rent — a ballpark is fine.

Where's the property?

Start typing and pick from the suggestions.

Roughly, what are the numbers?

Ballpark is fine — this is what prices your rate.

Tell us about the project

Ballpark numbers are perfect.

Rentals you own plus flips or builds you have finished, 0 to 200.

What's your estimated credit score?

A ballpark is perfect — we do not pull your credit.

How much investing experience do you have?

✓ Based on what you shared, this looks like a deal we can price

Submit

Enter your details and an advisor calls you to walk through your rate and structure. Does that work for you?

✓ No credit pull to see your rate  ·  ✓ No tax returns  ·  ✓ Business-purpose only

⌂ LiButti Capital · NMLS #2682926 · Equal Housing Opportunity

Products shown are business-purpose investor loans (such as DSCR) secured by non-owner-occupied property. They are not consumer mortgages and are not intended for personal, family, or household use.

Estimates are based on the information you provide and assume it is accurate and complete. Actual terms depend on full underwriting, appraisal, title, and program eligibility and may differ. The rate shown is the note rate, not the APR; figures exclude taxes, insurance, and certain third-party costs. The payment shown is principal and interest, or interest only where an interest-only option was selected; interest-only payments do not reduce the loan balance and the payment increases when the interest-only period ends.

Compensation and fees vary by loan amount, program, and transaction and are finalized in your loan documents at closing. By submitting, you authorize LiButti Capital to contact you about your inquiry by phone, text, and email (which may be autodialed or prerecorded) and to obtain consumer/credit reports as needed; message and data rates may apply. See our Privacy Policy.

Coverage

States We Serve

DSCR loans in 40 states and Washington, D.C. Fix and flip, rehab, and ground-up construction in 40 states and Washington, D.C.

AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY
DSCR And Rehab/Construction Not Currently Available