16204 Corliss Place NShorelineWA98133
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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
Total monthly income runs $4,417/mo, and a $3,911/mo payment. Purchase price stands at $799,000, and rental yield measures 6.63% with $4,417/mo rent. Return on cash invested shows 18.3% in year one, and 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 93.93% and total cumulative return in cash records $246,918. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,417/mo property income covering a $3,911/mo payment rather than investor’s personal income.
Single Family
Built in 1954
6,368 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98133, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,476 (100%) |
| Owner Occupied HU | 11,256 (44.2%) |
| Renter Occupied HU | 12,685 (49.8%) |
| Vacant Housing Units | 1,535 ( 6.0%) |
| Median Home Value | $831,940 |
| Average Home Value | $930,805 |
Housing Distribution
Address Breakdown
Residential
23,719
Single Family
13,248
Multi-Family
10,471
Businesses
1,308
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Listed by: Melissa Rupcich • Redfin
Mls Name: NWMLS
Mls ID: #2395368