20823 14th 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
Investment property for sale in Lynnwood at 20823 14th Place W, Lynnwood, WA, 98036 offers a 5.8% rental yield on a $814,950 purchase with $3,940/mo rent. 77% in year one. Equity gained on principal adds $5,259/yr while 5% annual appreciation supports $225,156 over five years. Portfolio math shows five-year ROI at 80.36% and total cumulative return in cash at $215,457. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,940/mo property income against a $3,989/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.33 Acres 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: Kimberly Esquivel • Lamb Real Estate
Mls Name: NWMLS
Mls ID: #2412951