1420 48th Street #B8SeaviewWA98644
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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 Seaview at 1420 48th Street #B8, Seaview, WA, 98644 earns $620/mo cash flow from $1,816/mo rent with a $974/mo payment. Total monthly income totals $1,816/mo, and annual cash flow totals $7,437/yr on $65,969 capital. ROI tracks 31.18% on current figures, and rental yield reads 10.95% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 163.07% and total cumulative return in cash sums $107,574. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,816/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98644, Seaview, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 790 (100%) |
| Owner Occupied HU | 285 (36.1%) |
| Renter Occupied HU | 111 (14.1%) |
| Vacant Housing Units | 394 (49.9%) |
| Median Home Value | $357,955 |
| Average Home Value | $441,535 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
46
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Listed by: Doug Knutzen • Realty One Group Pacifica
Mls Name: NWMLS
Mls ID: #2427081