16624 3rd Avenue SBurienWA98148
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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 16624 3rd Avenue S, Burien, WA, 98148 earns from $3,938/mo rent with a $3,915/mo payment. Total monthly income totals $3,938/mo. ROI tracks 16.09% on current figures, and rental yield reads 5.91% at a $799,950 purchase. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,011 over five years. Five-year ROI reaches 82.1% and total cumulative return in cash sums $216,076. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,938/mo property income instead of your personal income.
Single Family
Built in 1955
8,394 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98148, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,939 (100%) |
| Owner Occupied HU | 1,877 (47.7%) |
| Renter Occupied HU | 1,964 (49.9%) |
| Vacant Housing Units | 98 ( 2.5%) |
| Median Home Value | $623,459 |
| Average Home Value | $684,024 |
Housing Distribution
Address Breakdown
Residential
4,527
Single Family
2,104
Multi-Family
2,423
Businesses
519
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Listed by: Shawn Perry • Windermere RE North, Inc.
Mls Name: NWMLS
Mls ID: #2465098