11621 16th Avenue SBurienWA98168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Burien at 11621 16th Avenue S, Burien, WA, 98168 listed at $649,990 pairs $3,949/mo rent with a $3,181/mo payment to leave $42/mo cash flow. Total monthly income runs $3,949/mo, and annual cash flow reaches $506/yr on $213,847 cash to close. Return on cash invested measures 20.3% in year one, and rental yield registers 7.29% at a $649,990 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,580 by year five. Five-year ROI tracks 104.66% and total cumulative return in cash totals $223,823. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,949/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
10,585 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98168, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,207 (100%) |
| Owner Occupied HU | 7,005 (53.0%) |
| Renter Occupied HU | 5,723 (43.3%) |
| Vacant Housing Units | 479 ( 3.6%) |
| Median Home Value | $624,312 |
| Average Home Value | $682,764 |
Housing Distribution
Address Breakdown
Residential
12,835
Single Family
8,997
Multi-Family
3,838
Businesses
1,015
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa Nielsen • PRO RLTYSRVCS Eastside
Mls Name: NWMLS
Mls ID: #2469493