23116 80th 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
Investment property for sale in Edmonds at 23116 80th Place W, Edmonds, WA, 98026 offers a 4.79% rental yield on a $1,199,950 purchase with $4,786/mo rent. 88% in year one. Equity gained on principal adds $7,743/yr while 5% annual appreciation supports $331,524 over five years. Portfolio math shows five-year ROI at 64.82% and total cumulative return in cash at $251,996. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,786/mo property income against a $5,873/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
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: Ryan Mansour • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2445167