22531 92 Avenue WEdmondsWA98020
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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 Edmonds at 22531 92 Avenue W, Edmonds, WA, 98020 generates $4,746/mo in rent, after a $4,038/mo payment. Total monthly income is $4,746/mo. Return on cash invested sits at 19.12% in year one, and rental yield is 6.9% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 98.32% and total cumulative return in cash sums $266,877. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,746/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98020, Edmonds, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,490 (100%) |
| Owner Occupied HU | 6,818 (71.8%) |
| Renter Occupied HU | 2,284 (24.1%) |
| Vacant Housing Units | 388 ( 4.1%) |
| Median Home Value | $1,034,926 |
| Average Home Value | $1,135,748 |
Housing Distribution
Address Breakdown
Residential
8,989
Single Family
6,802
Multi-Family
2,187
Businesses
1,083
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Listed by: Jeanne Tunberg • Proud Realty
Mls Name: NWMLS
Mls Provider:
Mls ID: #2408711
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-22 23:34:20 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)