15638 94th Avenue SWVashonWA98070
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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 Vashon at 15638 94th Avenue SW, Vashon, WA, 98070 offers a 4.37% rental yield on a $1,199,000 purchase with $4,366/mo rent. 59% in year one. Equity gained on principal adds $7,737/yr while 5% annual appreciation supports $331,262 over five years. Portfolio math shows five-year ROI at 57.91% and total cumulative return in cash at $224,973. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,366/mo property income against a $5,869/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98070, Vashon, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,700 (100%) |
| Owner Occupied HU | 3,910 (68.6%) |
| Renter Occupied HU | 891 (15.6%) |
| Vacant Housing Units | 899 (15.8%) |
| Median Home Value | $989,005 |
| Average Home Value | $1,142,759 |
Housing Distribution
Address Breakdown
Residential
4,665
Single Family
4,641
Multi-Family
24
Businesses
446
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Listed by: Heidi Grimsley • John L. Scott Vashon
Mls Name: NWMLS
Mls ID: #2405349