16051 21st Avenue SWBurienWA98166
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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 16051 21st Avenue SW, Burien, WA, 98166 uses $205,625 cash to close to unlock $61/yr annual cash flow and $5/mo monthly cash flow. Total monthly income runs $3,762/mo, and a $3,059/mo payment keeps the spread at $5/mo. Purchase price stands at $625,000, and rental yield measures 7.22% with $3,762/mo rent. Return on cash invested shows 20.09% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 103.56% and total cumulative return in cash records $212,953. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,762/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 1957
8,276 sqft 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: Lorrie Good • KW Greater Seattle
Mls Name: NWMLS
Mls ID: #2446973