1902 12th AvenueMiltonWA98354
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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 Milton at 1902 12th Avenue, Milton, WA, 98354 offers a 4.34% rental yield on a $640,000 purchase with $2,314/mo rent. 33% in year one. Equity gained on principal adds $4,130/yr while 5% annual appreciation supports $176,820 over five years. Portfolio math shows five-year ROI at 56.55% and total cumulative return in cash at $119,082. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,314/mo property income against a $3,132/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98354, Milton, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,381 (100%) |
| Owner Occupied HU | 1,974 (58.4%) |
| Renter Occupied HU | 1,335 (39.5%) |
| Vacant Housing Units | 72 ( 2.1%) |
| Median Home Value | $609,751 |
| Average Home Value | $623,539 |
Housing Distribution
Address Breakdown
Residential
3,274
Single Family
2,665
Multi-Family
609
Businesses
465
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Listed by: Casshondra Vermeer • Windermere Real Estate/East
Mls Name: NWMLS
Mls ID: #2469798