15720 Meadow Road #A6LynnwoodWA98037
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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 Lynnwood at 15720 Meadow Road #A6, Lynnwood, WA, 98037 uses $172,725 cash to close to unlock $1,389/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $3,272/mo, and a $2,570/mo payment keeps the spread at $116/mo. Purchase price stands at $525,000, and rental yield measures 7.48% with $3,272/mo rent. Return on cash invested shows 20.86% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 107.7% and total cumulative return in cash records $186,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,272/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Townhouse
Built in 2018
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98037, Lynnwood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,991 (100%) |
| Owner Occupied HU | 7,036 (54.2%) |
| Renter Occupied HU | 5,370 (41.3%) |
| Vacant Housing Units | 585 ( 4.5%) |
| Median Home Value | $755,531 |
| Average Home Value | $771,593 |
Housing Distribution
Address Breakdown
Residential
11,035
Single Family
9,050
Multi-Family
1,985
Businesses
783
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Listed by: Crystal Corley • Windermere Real Estate GH LLC
Mls Name: NWMLS
Mls ID: #2459293