19622 10th Place SDes MoinesWA98148
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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
Rental property for sale in Des Moines at 19622 10th Place S, Des Moines, WA, 98148 generates $5,293/mo in rent and, after a $4,248/mo payment, leaves $76/mo in cash flow. Total monthly income is $5,293/mo, and annual cash flow is $909/yr on $285,572 invested. Return on cash invested sits at 20.38% in year one, and rental yield is 7.32% on a $868,000 entry. Equity gained on principal adds $5,601/yr, while 5% annual appreciation builds toward $239,812 over five years. Five-year ROI reaches 105.08% and total cumulative return in cash sums $300,093. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,293/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
3,929 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: Iolanthe Chan-McCarthy • Urban Pacific Real Estate
Mls Name: NWMLS
Mls ID: #2408342