2708 NE 195th PlaceShorelineWA98155
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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
Rental property for sale in Shoreline at 2708 NE 195th Place, Shoreline, WA, 98155 generates $4,436/mo in rent, after a $3,666/mo payment. Total monthly income is $4,436/mo. Return on cash invested sits at 19.74% in year one, and rental yield is 7.11% on a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 101.65% and total cumulative return in cash sums $250,480. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,436/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98155, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,250 (100%) |
| Owner Occupied HU | 9,696 (63.6%) |
| Renter Occupied HU | 4,890 (32.1%) |
| Vacant Housing Units | 664 ( 4.4%) |
| Median Home Value | $838,733 |
| Average Home Value | $955,198 |
Housing Distribution
Address Breakdown
Residential
14,728
Single Family
11,797
Multi-Family
2,931
Businesses
607
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Listed by: Andrew Hill • KW Greater Seattle
Mls Name: NWMLS
Mls ID: #2432370