21000 Marine View Drive 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 21000 Marine View Drive SW, Normandy Park, WA, 98166 earns from $6,450/mo rent with a $7,342/mo payment. Total monthly income totals $6,450/mo. ROI tracks 14.03% on current figures, and rental yield reads 5.16% at a $1,499,950 purchase. Equity gained on principal adds $9,679/yr, and 5% annual appreciation supports $414,409 over five years. Five-year ROI reaches 70.99% and total cumulative return in cash sums $345,020. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,450/mo property income instead of your personal income.
Single Family
Built in 1969
0.37 Acres lot
$N/A/sqft
No 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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Listed by: Scott H. Lansing • Berkshire Hathaway HS NW
Mls Name: NWMLS
Mls ID: #2421372