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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Des Moines at 24714 11th Avenue S, Des Moines, WA, 98198 generates $3,335/mo in rent, after a $2,937/mo payment. Total monthly income is $3,335/mo. Return on cash invested sits at 18.41% in year one, and rental yield is 6.67% on a $600,000 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 94.52% and total cumulative return in cash sums $186,576. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,335/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
5,262 sqft 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: Lauri Carter • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2426399
