








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Des Moines at 23453 16th Avenue S #A102, Des Moines, WA, 98198 listed at $174,999 pairs $1,727/mo rent with a $857/mo payment to leave $675/mo cash flow. Total monthly income runs $1,727/mo, and annual cash flow reaches $8,095/yr on $58,012 cash to close. Return on cash invested measures 33.86% in year one, and rental yield registers 11.84% at a $174,999 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 177.47% and total cumulative return in cash totals $102,955. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,727/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 98198, Seattle, WA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,551 (100%) |
| Owner Occupied HU | 7,940 (51.1%) |
| Renter Occupied HU | 6,643 (42.7%) |
| Vacant Housing Units | 968 ( 6.2%) |
| Median Home Value | $668,434 |
| Average Home Value | $799,850 |
Residential
14,886
Single Family
8,936
Multi-Family
5,950
Businesses
818
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Eduardo Vargas • John L. Scott, Inc.
Mls Name: NWMLS
Mls ID: #2461508