15138 65th Avenue S #109TukwilaWA98188
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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
Rental property for sale in Tukwila at 15138 65th Avenue S #109, Tukwila, WA, 98188 generates $2,358/mo in rent and, after a $1,345/mo payment, leaves $706/mo in cash flow. Total monthly income is $2,358/mo, and annual cash flow is $8,472/yr on $91,125 invested. Return on cash invested sits at 29.21% in year one, and rental yield is 10.29% on a $274,888 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,946 over five years. Five-year ROI reaches 152.52% and total cumulative return in cash sums $138,984. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,358/mo property income rather than buyer’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98188, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,732 (100%) |
| Owner Occupied HU | 4,881 (41.6%) |
| Renter Occupied HU | 6,140 (52.3%) |
| Vacant Housing Units | 711 ( 6.1%) |
| Median Home Value | $596,030 |
| Average Home Value | $656,865 |
Housing Distribution
Address Breakdown
Residential
10,709
Single Family
5,184
Multi-Family
5,525
Businesses
1,671
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Listed by: Manny Nichols • Skyline Properties, Inc.
Mls Name: NWMLS
Mls ID: #2370174