2438 S 116th StreetBurienWA98168
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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
Total monthly income runs $2,941/mo, and a $2,570/mo payment. Purchase price stands at $525,000, and rental yield measures 6.72% with $2,941/mo rent. Return on cash invested shows 18.56% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 95.37% and total cumulative return in cash records $164,721. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,941/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 1941
7,204 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98168, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,207 (100%) |
| Owner Occupied HU | 7,005 (53.0%) |
| Renter Occupied HU | 5,723 (43.3%) |
| Vacant Housing Units | 479 ( 3.6%) |
| Median Home Value | $624,312 |
| Average Home Value | $682,764 |
Housing Distribution
Address Breakdown
Residential
12,835
Single Family
8,997
Multi-Family
3,838
Businesses
1,015
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Listed by: Domenica Lovaglia • COMPASS
Mls Name: NWMLS
Mls ID: #2435349