16120 Jordan WayArlingtonWA98223
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 16120 Jordan Way, Arlington, WA, 98223 in Arlington speaks for itself: 10.09% gross on a $394,000 price, generating $3,312/mo in rent and $944/mo in net income after the $1,772/mo debt service. DSCR 1.87, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,323 stacks alongside $108,855 in projected five-year appreciation and $3,629/yr in principal reduction. Projected total cumulative return: $209,851.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.2% |
| Monthly Cash Flow | $944 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,312 |
| Total Monthly Debt Service | $2,212 |
| DSCR Ratio | 1.50x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1979
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98223, Arlington, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 13,323 (67.5%) |
| Renter Occupied HU | 5,109 (25.9%) |
| Vacant Housing Units | 1,300 ( 6.6%) |
| Median Home Value | $712,747 |
| Average Home Value | $755,345 |
Housing Distribution
Address Breakdown
Residential
17,372
Single Family
16,566
Multi-Family
806
Businesses
1,253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1979
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98223, Arlington, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 13,323 (67.5%) |
| Renter Occupied HU | 5,109 (25.9%) |
| Vacant Housing Units | 1,300 ( 6.6%) |
| Median Home Value | $712,747 |
| Average Home Value | $755,345 |
Housing Distribution
Address Breakdown
Residential
17,372
Single Family
16,566
Multi-Family
806
Businesses
1,253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Noonan • Coldwell Banker Bain
Mls Name: NWMLS
Mls ID: #2457137