8780 Depot Rd #207LyndenWA98264
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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 Lynden at 8780 Depot Rd #207, Lynden, WA, 98264 uses $125,970 cash to close to unlock $524/yr annual cash flow and $44/mo monthly cash flow. Total monthly income runs $2,328/mo, and a $1,860/mo payment keeps the spread at $44/mo. Purchase price stands at $380,000, and rental yield measures 7.35% with $2,328/mo rent. Return on cash invested shows 20.32% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 104.83% and total cumulative return in cash records $132,061. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,328/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Condo
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98264, Lynden, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,203 (100%) |
| Owner Occupied HU | 6,123 (66.5%) |
| Renter Occupied HU | 2,702 (29.4%) |
| Vacant Housing Units | 378 ( 4.1%) |
| Median Home Value | $695,202 |
| Average Home Value | $735,853 |
Housing Distribution
Address Breakdown
Residential
9,014
Single Family
8,560
Multi-Family
454
Businesses
816
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Listed by: Linus Lu • John L. Scott, Inc
Mls Name: NWMLS
Mls ID: #2415042