5118 164th Street SW #C5EdmondsWA98026
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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 #C5, Edmonds, WA, 98026 offers a 7.32% rental yield on a $625,000 purchase with $3,815/mo rent. Total monthly income registers $3,815/mo, and a $3,059/mo payment leaves $58/mo available for distribution. Annual cash flow reaches $697/yr on $205,625 to close, and return on cash invested stands at 20.4% in year one. Equity gained on principal adds $4,033/yr while 5% annual appreciation supports $172,676 over five years. Portfolio math shows five-year ROI at 105.23% and total cumulative return in cash at $216,373. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,815/mo property income against a $3,059/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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: Elsa Nunes-Ueno • COMPASS
Mls Name: NWMLS
Mls ID: #2443835