2148 N 183rd PlaceShorelineWA98133
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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 Shoreline at 2148 N 183rd Place, Shoreline, WA, 98133 offers a 5.84% rental yield on a $849,950 purchase with $4,134/mo rent. 88% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,826 over five years. Portfolio math shows five-year ROI at 80.94% and total cumulative return in cash at $226,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,134/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
7,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98133, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,476 (100%) |
| Owner Occupied HU | 11,256 (44.2%) |
| Renter Occupied HU | 12,685 (49.8%) |
| Vacant Housing Units | 1,535 ( 6.0%) |
| Median Home Value | $831,940 |
| Average Home Value | $930,805 |
Housing Distribution
Address Breakdown
Residential
23,719
Single Family
13,248
Multi-Family
10,471
Businesses
1,308
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Listed by: John Olcese • COMPASS
Mls Name: NWMLS
Mls ID: #2445245