10320 SW Cove RoadVashonWA98070
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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
Rental property for sale in Vashon at 10320 SW Cove Road, Vashon, WA, 98070 generates $2,572/mo in rent, after a $2,863/mo payment. Total monthly income is $2,572/mo. Return on cash invested sits at 14.17% in year one, and rental yield is 5.28% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 71.81% and total cumulative return in cash sums $138,210. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,572/mo property income rather than buyer’s personal income.
Single Family
Built in 1919
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98070, Vashon, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,700 (100%) |
| Owner Occupied HU | 3,910 (68.6%) |
| Renter Occupied HU | 891 (15.6%) |
| Vacant Housing Units | 899 (15.8%) |
| Median Home Value | $989,005 |
| Average Home Value | $1,142,759 |
Housing Distribution
Address Breakdown
Residential
4,665
Single Family
4,641
Multi-Family
24
Businesses
446
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Listed by: Crist Granum • John L. Scott Vashon
Mls Name: NWMLS
Mls ID: #2436692