20617 28th Avenue W #A5LynnwoodWA98036
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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 20617 28th Avenue W #A5, Lynnwood, WA, 98036 uses $152,490 cash to close to unlock $6,664/yr annual cash flow and $555/mo monthly cash flow. Total monthly income runs $3,320/mo, and a $2,251/mo payment keeps the spread at $555/mo. Purchase price stands at $460,000, and rental yield measures 8.66% with $3,320/mo rent. Return on cash invested shows 24.28% in year one, and 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 126.05% and total cumulative return in cash records $192,217. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,320/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Condo
Built in 1990
N/A 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: Dana Penuela • Real Broker LLC
Mls Name: NWMLS
Mls ID: #2427500