Explore available listings and evaluate market performance.
Lynnwood, WA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,198
Monthly Cash Flow
-$1,995
Principal + Equity
$6,164
Annual Total Gain
$50,033
Cash on Cash
-12.43%
Net ROI %
STR Financial Performance
Median Price
Avg. Daily Rate
$161
Occupancy Rate
63.33%
Monthly Revenue
$1,932
Monthly Cash Flow
-$2,550
Principal + Equity
$6,164
Annual Total Gain
$43,368
Cash on Cash %
-15.89%
Net ROI %
Market Health & Growth
Median Income
$76,439
Population
40,953
LTR Renter %
48.1%
Forecast (1 yr)
0.72%
Appreciation (1 yr)
-0.76%
Appreciation (5 yr)
46.48%
Appreciation (10 yr)
129.91%
Job Growth
2.62%
LTR Rentability
Very High
STR Demand
63
STR Rentals
227
Top Public Schools
ALincoln High School
A-North Creek High School
A-
A-
A-
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B-
Overall
Top-level market grade
Most Diverse Suburbs in Washington
#11out of 181 markets
Most Diverse Places to Live in Washington
#30out of 489 markets
Best Suburbs for Young Professionals in Washington
#27out of 181 markets
B
Public School
C-
Crime And Safety
D
Housing
B
Nightlife
B-
Good For Families
Diversity
Jobs
Weather
Cost Of Living
Health And Fitness
Outdoor Activities
Commute
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Lynnwood, WA.
In Lynnwood, WA, short term rentals (STRs) are regulated by the city's zoning code and business licensing requirements. Here are some key regulations that an investor should be aware of before investing in purchasing a property for short term rental in Lynnwood:
1. Zoning restrictions: Lynnwood has specific zoning regulations that dictate where STRs are allowed to operate. It is important for investors to check the zoning of the property they are interested in to ensure that short term rentals are permitted in that area.
2. Business licensing: In order to operate a short term rental in Lynnwood, investors must obtain a business license from the city. This license may have specific requirements and fees that need to be met before the property can be rented out on a short term basis.
3. Occupancy limits: Lynnwood may have occupancy limits for short term rentals, which dictate the maximum number of guests that can stay in the property at any given time. Investors should be aware of these limits and ensure that they are in compliance with them.
4. Safety and health regulations: Short term rental properties in Lynnwood must meet certain safety and health regulations to ensure the well-being of guests. This may include requirements for smoke detectors, carbon monoxide detectors, and other safety features.
5. Taxation: Investors should be aware of any local taxes that apply to short term rentals in Lynnwood. This may include lodging taxes, sales taxes, or other fees that need to be collected and remitted to the city.
Overall, investors should thoroughly research and understand the regulations and requirements for short term rentals in Lynnwood before purchasing a property for this purpose. Failure to comply with these regulations could result in fines, penalties, or other legal consequences.
Market Trends Over Time
Explore 25 years of market data for Lynnwood, WA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Lynnwood, WA.
The LTR Genie Score of Lynnwood, WA is 75, indicating a high level of rentability for long-term rental properties in the area. The STR Genie Score of 56 suggests that short-term rental opportunities may not be as strong as long-term rentals in this market. The higher LTR Genie Score can be attributed to the solid LTR Net ROI of 25.98% and a positive LTR Rent Growth Rate of 0.0512%. On the other hand, the lower STR Genie Score may be due to the moderate STR Net ROI of 22.52% and a slightly lower STR Occupancy rate of 63.33.
Lynnwood, WA is a growing city located in Snohomish County, known for its convenient location between Seattle and Everett. The city offers a mix of urban amenities and suburban charm, making it an attractive location for real estate investors looking to capitalize on the increasing demand for rental properties in the area.
Based on the metrics provided, Lynnwood, WA appears to be a more attractive market for long-term rental investments rather than short-term rentals. With a high LTR Genie Score and strong LTR Net ROI, investors may find more stability and profitability in the long-term rental market in Lynnwood. However, it is always recommended to conduct thorough market research and analysis before making any investment decisions.
