18109 32nd Avenue S #331, Seattle, WA, 98188 | $246/mo Cash Flow

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18109 32nd Avenue S #331, Seattle, WA, 98188 | $246/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Seattle at 18109 32nd Avenue S #331, Seattle, WA, 98188 uses $43,095 cash to close to unlock $2,950/yr annual cash flow and $246/mo monthly cash flow. Total monthly income runs $1,027/mo, and a $636/mo payment keeps the spread at $246/mo. Purchase price stands at $130,000, and rental yield measures 9.48% with $1,027/mo rent. Return on cash invested shows 26.75% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 139.35% and total cumulative return in cash records $60,051. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,027/mo property income covering a $636/mo payment rather than investor’s personal income.

Manufactured

Built in 2019

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious doublewide for sale at Bow Lake! (55+). This 2019 turn key ready home has 2 bedrooms / 2 bathrooms / at 1,000 sq.ft. Enjoy a spacious living room, and a large updated kitchen with plenty of storage and optional seating. The primary bedroom has a massive walk in closet for storage and both bathrooms are also updated. All appliances are included with the home! Outside you'll enjoy a large covered front deck, covered parking, and an exterior storage shed. Bow Lake is a wonderful community with amazing amenities including a pool and secured access! Come make it yours!

Neighborhood Data

Neighborhood data shown for ZIP Code: 98188, Seattle, WA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,732 (100%)
Owner Occupied HU	4,881 (41.6%)
Renter Occupied HU	6,140 (52.3%)
Vacant Housing Units	711 ( 6.1%)
Median Home Value	$596,030
Average Home Value	$656,865