17007 12th Place SWNormandy ParkWA98166
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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 Normandy Park at 17007 12th Place SW, Normandy Park, WA, 98166 offers a 5.02% rental yield on a $1,138,000 purchase with $4,764/mo rent. 6% in year one. Equity gained on principal adds $7,343/yr while 5% annual appreciation supports $314,408 over five years. Portfolio math shows five-year ROI at 63.69% and total cumulative return in cash at $234,850. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,764/mo property income against a $5,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.48 Acres 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: Shawna Ader • Windermere Real Estate Midtown
Mls Name: NWMLS
Mls Provider:
Mls ID: #2374439
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-27 04:30:07 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)