247 SW 191st StreetNormandy 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 247 SW 191st Street, Normandy Park, WA, 98166 listed at $750,000 pairs $900/mo rent with a $3,671/mo payment. Total monthly income runs $900/mo. Return on cash invested measures 2.51% in year one, and rental yield registers 1.44% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 9.28% and total cumulative return in cash totals $22,902. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $900/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
9,469 sqft 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: Karen B Hake • KW Lake Washington So
Mls Name: NWMLS
Mls ID: #2435287