20903 88th Place WEdmondsWA98026
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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
Total monthly income runs $3,436/mo, and a $4,821/mo payment. Purchase price stands at $985,000, and rental yield measures 4.19% with $3,436/mo rent. Return on cash invested shows 10.86% in year one, and 5% annual appreciation builds toward $272,137 over five years. Five-year ROI reaches 54.05% and total cumulative return in cash records $175,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,436/mo property income covering a $4,821/mo payment rather than investor’s personal income.
Single Family
Built in 1968
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98026, Edmonds, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,338 (100%) |
| Owner Occupied HU | 11,408 (69.8%) |
| Renter Occupied HU | 4,545 (27.8%) |
| Vacant Housing Units | 385 ( 2.4%) |
| Median Home Value | $868,278 |
| Average Home Value | $980,779 |
Housing Distribution
Address Breakdown
Residential
15,641
Single Family
13,308
Multi-Family
2,333
Businesses
604
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Listed by: Lynn Kern • Windermere Real Estate GH LLC
Mls Name: NWMLS
Mls ID: #2434941