22910 90th Avenue W #C306EdmondsWA98026
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Edmonds at 22910 90th Avenue W #C306, Edmonds, WA, 98026 earns $9/mo cash flow from $2,534/mo rent with a $2,056/mo payment. Total monthly income totals $2,534/mo, and annual cash flow totals $108/yr on $139,230 capital. ROI tracks 19.99% on current figures, and rental yield reads 7.24% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 103.01% and total cumulative return in cash sums $143,419. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,534/mo property income instead of your personal income.
Condo
Built in 1969
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Ozog • Keller Williams Downtown Sea
Mls Name: NWMLS
Mls ID: #2423085