25003 16th Avenue SDes MoinesWA98198
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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 Des Moines at 25003 16th Avenue S, Des Moines, WA, 98198 uses $203,964 cash to close to unlock $10,629/yr annual cash flow and $886/mo monthly cash flow. Total monthly income runs $4,612/mo, and a $3,034/mo payment keeps the spread at $886/mo. Purchase price stands at $619,950, and rental yield measures 8.93% with $4,612/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $171,281 over five years. Five-year ROI reaches 131.32% and total cumulative return in cash records $267,839. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,612/mo property income covering a $3,034/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.50 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,886
Single Family
8,936
Multi-Family
5,950
Businesses
818
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Listed by: Guillermo Galvan • Newberry Realty, Inc.
Mls Name: NWMLS
Mls ID: #2408259