16823 Alder Way #E3, Lynnwood, WA, 98087 | 6.55% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
881 sft

3217 Eastlake Avenue E #303, Seattle, WA, 98102

2 Bed
2 Bath
860 sft

20009 5th Avenue NW, Shoreline, WA, 98177

3 Bed
2 Bath
1320 sft

1214 N Northgate Way, Seattle, WA, 98133

2 Bed
3 Bath
1160 sft

13721 Greenwood Ave N #A, Seattle, WA, 98133

Nearby investment properties with comparable prices

2 Bed
1 Bath
880 sft

14714 31st Ave NE, Shoreline, WA, 98155

3 Bed
3 Bath
2350 sft

Plan 2350 Modeled Plan, Winslow Ridge, Poulsbo, WA, 98370

2 Bed
2 Bath
1220 sft

808 N 145th Lane, Shoreline, WA, 98133

2 Bed
2 Bath
1100 sft

6831 NE 170th Street #306, Kenmore, WA, 98028

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lynnwood at 16823 Alder Way #E3, Lynnwood, WA, 98087 earns from $3,877/mo rent with a $3,475/mo payment. Total monthly income totals $3,877/mo. ROI tracks 18.05% on current figures, and rental yield reads 6.55% at a $709,990 purchase. Equity gained on principal adds $4,581/yr, and 5% annual appreciation supports $196,157 over five years. Five-year ROI reaches 92.63% and total cumulative return in cash sums $216,368. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,877/mo property income instead of your personal income.

Townhouse

Built in 2025

871.20 sqft lot

$N/A/sqft

No HOA