20116 61st Place WLynnwoodWA98036
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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
Rental property for sale in Lynnwood at 20116 61st Place W, Lynnwood, WA, 98036 generates $3,971/mo in rent, after a $4,278/mo payment. Total monthly income is $3,971/mo. Return on cash invested sits at 14.71% in year one, and rental yield is 5.45% on a $874,000 entry. Equity gained on principal adds $5,640/yr, while 5% annual appreciation builds toward $241,470 over five years. Five-year ROI reaches 74.69% and total cumulative return in cash sums $214,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,971/mo property income rather than buyer’s personal income.
Townhouse
Built in 2023
1,306 sqft lot
$N/A/sqft
No 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
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Listed by: Honey Shah • Dulay Homes LLC
Mls Name: NWMLS
Mls ID: #2404785