1823 Lakewood RoadArlingtonWA98223
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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
Total monthly income runs $4,265/mo, and a $4,062/mo payment. Purchase price stands at $829,950, and rental yield measures 6.17% with $4,265/mo rent. Return on cash invested shows 16.88% in year one, and 5% annual appreciation builds toward $229,300 over five years. Five-year ROI reaches 86.34% and total cumulative return in cash records $235,743. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,265/mo property income covering a $4,062/mo payment rather than investor’s personal income.
Single Family
Built in 1984
1 Acres 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
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Listed by: Colton Riblett • Tamarack Home Group, LLC
Mls Name: NWMLS
Mls ID: #2457995