16512 18th Avenue NEShorelineWA98155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Shoreline at 16512 18th Avenue NE, Shoreline, WA, 98155 listed at $1,099,900 pairs $4,002/mo rent with a $5,383/mo payment. Total monthly income runs $4,002/mo. Return on cash invested measures 11.58% in year one, and rental yield registers 4.37% at a $1,099,900 basis. Equity gained on principal adds $7,097/yr, and annual property appreciation at 5% supports $303,882 by year five. Five-year ROI tracks 57.86% and total cumulative return in cash totals $206,184. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,002/mo property income relative to a $5,383/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
10,611 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98155, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,250 (100%) |
| Owner Occupied HU | 9,696 (63.6%) |
| Renter Occupied HU | 4,890 (32.1%) |
| Vacant Housing Units | 664 ( 4.4%) |
| Median Home Value | $838,733 |
| Average Home Value | $955,198 |
Housing Distribution
Address Breakdown
Residential
14,728
Single Family
11,797
Multi-Family
2,931
Businesses
607
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victoria Loder • Heaton Dainard, LLC
Mls Name: NWMLS
Mls ID: #2460392