6630 162nd Place SWLynnwoodWA98037
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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 6630 162nd Place SW, Lynnwood, WA, 98037 earns from $4,144/mo rent with a $4,405/mo payment. Total monthly income totals $4,144/mo. ROI tracks 14.93% on current figures, and rental yield reads 5.53% at a $899,988 purchase. Equity gained on principal adds $5,807/yr, and 5% annual appreciation supports $248,650 over five years. Five-year ROI reaches 75.88% and total cumulative return in cash sums $224,684. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,144/mo property income instead of your personal income.
Single Family
Built in 1964
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98037, Lynnwood, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,991 (100%) |
| Owner Occupied HU | 7,036 (54.2%) |
| Renter Occupied HU | 5,370 (41.3%) |
| Vacant Housing Units | 585 ( 4.5%) |
| Median Home Value | $755,531 |
| Average Home Value | $771,593 |
Housing Distribution
Address Breakdown
Residential
11,035
Single Family
9,050
Multi-Family
1,985
Businesses
783
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Listed by: Jared Holland • COMPASS
Mls Name: NWMLS
Mls ID: #2439503