23224 35th Avenue WLynnwoodWA98036
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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 Lynnwood at 23224 35th Avenue W, Lynnwood, WA, 98036 listed at $759,900 pairs $4,614/mo rent with a $3,719/mo payment to leave $46/mo cash flow. Total monthly income runs $4,614/mo, and annual cash flow reaches $557/yr on $250,007 cash to close. Return on cash invested measures 20.28% in year one, and rental yield registers 7.29% at a $759,900 basis. Equity gained on principal adds $4,904/yr, and annual property appreciation at 5% supports $209,946 by year five. Five-year ROI tracks 104.59% and total cumulative return in cash totals $261,474. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,614/mo property income relative to a $3,719/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98036, Lynnwood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,768 (100%) |
| Owner Occupied HU | 10,003 (56.3%) |
| Renter Occupied HU | 6,820 (38.4%) |
| Vacant Housing Units | 945 ( 5.3%) |
| Median Home Value | $804,876 |
| Average Home Value | $829,638 |
Housing Distribution
Address Breakdown
Residential
16,886
Single Family
13,936
Multi-Family
2,950
Businesses
1,649
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Listed by: Darren Munson • Windermere R.E. Mill Creek
Mls Name: NWMLS
Mls ID: #2407160