1411 SW 111th Lane, Seattle, WA, 98164 | $292/mo Cash Flow | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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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
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Investment Highlights

Rental property for sale in Seattle at 1411 SW 111th Lane, Seattle, WA, 98164 generates $4,800/mo in rent and, after a $3,671/mo payment, leaves $292/mo in cash flow. Total monthly income is $4,800/mo, and annual cash flow is $3,499/yr on $246,734 invested. Return on cash invested sits at 21.48% in year one, and rental yield is 7.68% on a $749,950 entry. Equity gained on principal adds $4,839/yr, while 5% annual appreciation builds toward $207,197 over five years. Five-year ROI reaches 110.99% and total cumulative return in cash sums $273,854. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,800/mo property income rather than buyer’s personal income.

Townhouse

Built in 2025

967.03 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to Salmon Creek Townhomes! 12 sleek modern townhomes nestled on a quiet street in the growing SW Seattle neighborhood. Boasting floor plans that live large, with an abundance of natural light, four spacious bedrooms & generous 2-car garage. Open style living, with gorgeous kitchens featuring eat-in breakfast bars, quartz countertops, flattering SS appliances, Bellmont cabinetry, & ample counter space. W/D is conveniently located on the upper floors w/the primary, 2 guest beds, & 2 baths for easy & comfortable living. The upper floors feature peek-a-boo views of Mt. Rainier & Downtown Seattle. (Views will vary) Minutes to Hwy 509, dining, grocery, & parks. Completion late November. Broker registration required for full commission.

Neighborhood Data

Neighborhood data shown for ZIP Code: 98164, Seattle, WA area.

Housing Distribution

Housing Statistics

CategoryValue
Total HU (Housing Units)
Owner Occupied HU
Renter Occupied HU
Vacant Housing Units
Median Home Value
Average Home Value

Address Breakdown

Residential

127

Single Family

0

Multi-Family

127

Businesses

47

Price History

Date

Event

Price

No price history data available

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

No tax history data available
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: Townhouse
  • Year Built: 2025
  • Architectural Style: N/A
  • Building Area: N/A
  • Living Area: N/A
  • Property Condition: N/A

Features & Amenities

  • Heating: N/A
  • Cooling: N/A
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Attached Garage

Location

  • City: Seattle
  • State: WA
  • Subdivision: N/A
  • Lot Size: 967.03 sqft
  • Lot Features: N/A
  • View: N/A

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: N/A
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: N/A

School Information

  • Elementary School: N/A
  • Middle School: N/A
  • High School: N/A

Listed by: Ashley Moore • Teambuilder KW 

Mls Name: NWMLS

Mls ID: #2460472

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