19678 Marine View Dr 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 19678 Marine View Dr SW, Normandy Park, WA, 98166 uses $374,026 cash to close to unlock $192/yr annual cash flow and $16/mo monthly cash flow. Total monthly income runs $7,363/mo, and a $5,650/mo payment keeps the spread at $16/mo. Purchase price stands at $1,154,400, and rental yield measures 7.65% with $7,363/mo rent. Return on cash invested shows 20.42% in year one, and 5% annual appreciation builds toward $318,939 over five years. Five-year ROI reaches 105.73% and total cumulative return in cash records $395,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,363/mo property income covering a $5,650/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.43 Acres lot
$N/A/sqft
Has HOA fee 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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