1511 17th AvenueMiltonWA98354
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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
Rental property for sale in Milton at 1511 17th Avenue, Milton, WA, 98354 generates $2,369/mo in rent, after a $6,304/mo payment. Total monthly income is $2,369/mo. Return on cash invested sits at 4.92% in year one, and rental yield is 2.21% on a $1,288,000 entry. Equity gained on principal adds $8,311/yr, while 5% annual appreciation builds toward $355,851 over five years. Five-year ROI reaches 22.12% and total cumulative return in cash sums $92,308. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,369/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
9,896 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98354, Milton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,381 (100%) |
| Owner Occupied HU | 1,974 (58.4%) |
| Renter Occupied HU | 1,335 (39.5%) |
| Vacant Housing Units | 72 ( 2.1%) |
| Median Home Value | $609,751 |
| Average Home Value | $623,539 |
Housing Distribution
Address Breakdown
Residential
3,274
Single Family
2,665
Multi-Family
609
Businesses
465
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Nearby investment properties with comparable prices
Listed by: Roman Shulyak • Kronos Real Estate
Mls Name: NWMLS
Mls ID: #2431175