16817 Larch Way #E107LynnwoodWA98037
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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 16817 Larch Way #E107, Lynnwood, WA, 98037 listed at $349,500 pairs $2,539/mo rent with a $1,711/mo payment to leave $438/mo cash flow. Total monthly income runs $2,539/mo, and annual cash flow reaches $5,253/yr on $115,859 cash to close. Return on cash invested measures 24.44% in year one, and rental yield registers 8.72% at a $349,500 basis. Equity gained on principal adds $2,255/yr, and annual property appreciation at 5% supports $96,560 by year five. Five-year ROI tracks 126.93% and total cumulative return in cash totals $147,061. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,539/mo property income relative to a $1,711/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1989
N/A 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: TC Wu • WPI Real Estate Services, Inc.
Mls Name: NWMLS
Mls ID: #2403081