3116 164th St SW APT 601,Lynnwood,WA,98087

Investment Highlights

Rental property for sale in Lynnwood at 3116 164th St SW APT 601, Lynnwood, WA, 98087 generates $3,499/mo in rent and, after a $2,535/mo payment, leaves $380/mo in cash flow. Total monthly income is $3,499/mo, and annual cash flow is $4,565/yr on $170,422 invested. Return on cash invested sits at 22.74% in year one, and rental yield is 8.11% on a $518,000 entry. Equity gained on principal adds $3,343/yr, while 5% annual appreciation builds toward $143,114 over five years. Five-year ROI reaches 117.76% and total cumulative return in cash sums $200,695. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,499/mo property income rather than buyer’s personal income.