5118 164th Street SW #B2EdmondsWA98026
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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 5118 164th Street SW #B2, Edmonds, WA, 98026 earns from $3,998/mo rent with a $3,353/mo payment. Total monthly income totals $3,998/mo. ROI tracks 19.42% on current figures, and rental yield reads 7% at a $685,000 purchase. Equity gained on principal adds $4,420/yr, and 5% annual appreciation supports $189,253 over five years. Five-year ROI reaches 99.98% and total cumulative return in cash sums $225,322. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,998/mo property income instead of your personal income.
Townhouse
Built in 2021
1,306 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: Troy M. Lehman • Redfin
Mls Name: NWMLS
Mls ID: #2426468