121 Streeter RoadSilverlakeWA98645
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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 Silverlake at 121 Streeter Road, Silverlake, WA, 98645 earns from $3,388/mo rent with a $3,225/mo payment. Total monthly income totals $3,388/mo. ROI tracks 16.89% on current figures, and rental yield reads 6.17% at a $659,000 purchase. Equity gained on principal adds $4,252/yr, and 5% annual appreciation supports $182,070 over five years. Five-year ROI reaches 86.4% and total cumulative return in cash sums $187,315. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,388/mo property income instead of your personal income.
Single Family
Built in 1978
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98645, Silverlake, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 861 (100%) |
| Owner Occupied HU | 696 (80.8%) |
| Renter Occupied HU | 101 (11.7%) |
| Vacant Housing Units | 64 ( 7.4%) |
| Median Home Value | $525,862 |
| Average Home Value | $568,926 |
Housing Distribution
Address Breakdown
Residential
673
Single Family
673
Multi-Family
0
Businesses
5
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Listed by: Robin Moore Schierscher • eXp Realty
Mls Name: NWMLS
Mls ID: #2435559