26007 14th 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 26007 14th Avenue S, Des Moines, WA, 98198 uses $172,725 cash to close to unlock $4,161/yr annual cash flow and $347/mo monthly cash flow. Total monthly income runs $3,503/mo, and a $2,570/mo payment keeps the spread at $347/mo. Purchase price stands at $525,000, and rental yield measures 8.01% with $3,503/mo rent. Return on cash invested shows 22.47% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 116.31% and total cumulative return in cash records $200,901. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,503/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 1966
8,189 sqft 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: Timothy M. Dean • Realty One Group Orca
Mls Name: NWMLS
Mls ID: #2439252