18408 63RD PL WLynnwoodWA98037
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
Investment Highlights
Rental property for sale in Lynnwood at 18408 63RD PL W, Lynnwood, WA, 98037 generates $3,515/mo in rent, after a $3,879/mo payment. Total monthly income is $3,515/mo. Return on cash invested sits at 14.31% in year one, and rental yield is 5.32% on a $792,600 entry. Equity gained on principal adds $5,115/yr, while 5% annual appreciation builds toward $218,981 over five years. Five-year ROI reaches 72.55% and total cumulative return in cash sums $189,192. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,515/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Akalu Mulugeta • Greater Realty, Inc.
Mls Name: NWMLS
Mls ID: #2429394