19215 40th Avenue W #C-3LynnwoodWA98036
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
Investment property for sale in Lynnwood at 19215 40th Avenue W #C-3, Lynnwood, WA, 98036 offers a 9.01% rental yield on a $385,000 purchase with $2,892/mo rent. Total monthly income registers $2,892/mo, and a $1,884/mo payment leaves $87/mo available for distribution. Annual cash flow reaches $1,045/yr on $127,628 to close, and return on cash invested stands at 20.73% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 108.7% and total cumulative return in cash at $138,730. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,892/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1980
3,484 sqft lot
$N/A/sqft
$491 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98036, Lynnwood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,768 (100%) |
| Owner Occupied HU | 10,003 (56.3%) |
| Renter Occupied HU | 6,820 (38.4%) |
| Vacant Housing Units | 945 ( 5.3%) |
| Median Home Value | $804,876 |
| Average Home Value | $829,638 |
Housing Distribution
Address Breakdown
Residential
16,886
Single Family
13,936
Multi-Family
2,950
Businesses
1,649
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Danielle Martin • Windermere RE Skagit Valley
Mls Name: NWMLS
Mls Provider:
Mls ID: #2423919
Disclaimer: Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 NWMLS. All rights are reserved. Disclaimer: The information contained in this listing has not been verified by Zillow, Inc. and should be verified by the buyer. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#39)