216 S 173rd PlaceBurienWA98148
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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 Burien at 216 S 173rd Place, Burien, WA, 98148 listed at $820,000 pairs $5,350/mo rent with a $4,013/mo payment to leave $421/mo cash flow. Total monthly income runs $5,350/mo, and annual cash flow reaches $5,056/yr on $269,780 cash to close. Return on cash invested measures 21.93% in year one, and rental yield registers 7.83% at a $820,000 basis. Equity gained on principal adds $5,291/yr, and annual property appreciation at 5% supports $226,551 by year five. Five-year ROI tracks 113.44% and total cumulative return in cash totals $306,035. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,350/mo property income relative to a $4,013/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
10,741 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: Michael Smith • eXp Realty
Mls Name: NWMLS
Mls ID: #2460026