24827 9th Place S, Des Moines, WA, 98198 | 6.29% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

24827 9th Place S, Des Moines, WA, 98198 | 6.29% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
2016 sft

5010 N pearl Street, Tacoma, WA, 98407

3 Bed
2 Bath
1468 sft

14515 25th Avenue Ct E, Tacoma, WA, 98445

4 Bed
2 Bath
2171 sft

9436 Tacoma Avenue S, Tacoma, WA, 98444

3 Bed
2 Bath
1280 sft

14612 W Thorne Lane SW, Lakewood, WA, 98498

Nearby investment properties with comparable prices

3 Bed
2 Bath
2136 sft

4801 N 18th Street, Tacoma, WA, 98406

3 Bed
3 Bath
2070 sft

35814 11th Avenue SW, Federal Way, WA, 98023

Investment Property+ 1 more

4 Bed
2 Bath
3298 sft

923 S 8th Street, Tacoma, WA, 98405

2 Bed
2 Bath
1052 sft

1320 N Cheyenne Street, Tacoma, WA, 98406

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $3,145/mo, and a $2,937/mo payment. Purchase price stands at $600,000, and rental yield measures 6.29% with $3,145/mo rent. Return on cash invested shows 17.25% in year one, and 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 88.32% and total cumulative return in cash records $174,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,145/mo property income covering a $2,937/mo payment rather than investor’s personal income.

Single Family

Built in 1983

5,344 sqft lot

$N/A/sqft

No HOA

More details about the property

Fully remodeled Huntington Park Rambler! Great room style floor plan flowing over beautiful waterproof luxury vinyl flooring. The living area is fashioned around a beautiful gas fireplace. A large sliding glass door lets in tons of natural light and leads to a deck and back yard surrounded by trees. The brand-new kitchen has white cabinets, quartz countertops and a huge island with seating, plus a walk-in panty with tons of storage. There is room for a kitchen table next to a second sliding glass door that leads to a patio w/ dedicated gas line for a BBQ. The primary suite is large with a full wall of closet space. The primary bathroom has a large walk-in shower & double sinks. Second bedroom and full bath. 2 car garage with sink

Neighborhood Data

Neighborhood data shown for ZIP Code: 98198, Seattle, WA area.

Housing Distribution

Housing Statistics

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