15624 8th Avenue SW #cBurienWA98166
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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 Burien at 15624 8th Avenue SW #c, Burien, WA, 98166 offers a 8.38% rental yield on a $549,000 purchase with $3,833/mo rent. Total monthly income registers $3,833/mo, and a $2,687/mo payment leaves $533/mo available for distribution. Annual cash flow reaches $6,395/yr on $180,621 to close, and return on cash invested stands at 23.6% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 122.36% and total cumulative return in cash at $221,012. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,833/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98166, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,142 (100%) |
| Owner Occupied HU | 6,185 (61.0%) |
| Renter Occupied HU | 3,384 (33.4%) |
| Vacant Housing Units | 573 ( 5.6%) |
| Median Home Value | $910,763 |
| Average Home Value | $1,058,429 |
Housing Distribution
Address Breakdown
Residential
9,347
Single Family
7,459
Multi-Family
1,888
Businesses
843
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Listed by: Marija Spasikova • Inspire Realty
Mls Name: NWMLS
Mls ID: #2477401