102 Riverwalk DriveLyndenWA98264
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Lynden at 102 Riverwalk Drive, Lynden, WA, 98264 with 5% annual appreciation on a $719,000 basis while $3,637/mo rent supports operations. 59% in year one. Equity gained on principal adds $4,640/yr, and five-year appreciation sums $198,646 alongside rental yield of 6.07%. Five-year ROI measures 84.77% and total cumulative return in cash totals $200,513. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,637/mo property income versus a $3,519/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2025
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98264, Lynden, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,203 (100%) |
| Owner Occupied HU | 6,123 (66.5%) |
| Renter Occupied HU | 2,702 (29.4%) |
| Vacant Housing Units | 378 ( 4.1%) |
| Median Home Value | $695,202 |
| Average Home Value | $735,853 |
Housing Distribution
Address Breakdown
Residential
9,014
Single Family
8,560
Multi-Family
454
Businesses
816
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Listed by: Sheri Davis • Keller Williams Western Realty
Mls Name: NWMLS
Mls ID: #2452771