22407 87th Avenue 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 $5,083/mo, and a $4,503/mo payment. Purchase price stands at $920,000, and rental yield measures 6.63% with $5,083/mo rent. Return on cash invested shows 18.29% in year one, and 5% annual appreciation builds toward $254,179 over five years. Five-year ROI reaches 93.87% and total cumulative return in cash records $284,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,083/mo property income covering a $4,503/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.27 Acres 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: Jeffrey R. Snow • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2459585