18620 52nd Avenue W #138LynnwoodWA98037
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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 18620 52nd Avenue W #138, Lynnwood, WA, 98037 offers a 10.1% rental yield on a $349,000 purchase with $2,938/mo rent. Total monthly income registers $2,938/mo, and a $1,708/mo payment leaves $840/mo available for distribution. Annual cash flow reaches $10,083/yr on $115,694 to close, and return on cash invested stands at 28.62% in year one. Equity gained on principal adds $2,252/yr while 5% annual appreciation supports $96,422 over five years. Portfolio math shows five-year ROI at 149.36% and total cumulative return in cash at $172,800. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,938/mo property income against a $1,708/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
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: Laura Koepp • HomeSmart One Realty
Mls Name: NWMLS
Mls ID: #2457246