18304 McLean Road SWVashonWA98070
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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 Vashon at 18304 McLean Road SW, Vashon, WA, 98070 offers a 5.75% rental yield on a $709,000 purchase with $3,397/mo rent. 61% in year one. Equity gained on principal adds $4,575/yr while 5% annual appreciation supports $195,884 over five years. Portfolio math shows five-year ROI at 79.54% and total cumulative return in cash at $185,529. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,397/mo property income against a $3,470/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98070, Vashon, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,700 (100%) |
| Owner Occupied HU | 3,910 (68.6%) |
| Renter Occupied HU | 891 (15.6%) |
| Vacant Housing Units | 899 (15.8%) |
| Median Home Value | $989,005 |
| Average Home Value | $1,142,759 |
Housing Distribution
Address Breakdown
Residential
4,665
Single Family
4,641
Multi-Family
24
Businesses
446
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Listed by: Hilary Limont • Vashon Isl. Sotheby's Int'l RE
Mls Name: NWMLS
Mls ID: #2396518