301 Seattle Street ERainierWA98576
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 301 Seattle Street E, Rainier, WA, 98576 in Rainier at $394,950 earns $2,441/mo in rent and nets $67/mo after the $1,776/mo payment, a 7.42% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $109,117 over five years. Ziffy Mortgage underwrites this on a 1.37 DSCR without U.S. credit history. With $3,638/yr in principal paydown, total projected return reaches $153,739.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.2% |
| Monthly Cash Flow | $67 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,441 |
| Total Monthly Debt Service | $2,217 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98576, Rainier, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,224 (100%) |
| Owner Occupied HU | 1,771 (79.6%) |
| Renter Occupied HU | 352 (15.8%) |
| Vacant Housing Units | 101 ( 4.5%) |
| Median Home Value | $604,522 |
| Average Home Value | $644,983 |
Housing Distribution
Address Breakdown
Residential
1,631
Single Family
1,631
Multi-Family
0
Businesses
168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1992
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98576, Rainier, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,224 (100%) |
| Owner Occupied HU | 1,771 (79.6%) |
| Renter Occupied HU | 352 (15.8%) |
| Vacant Housing Units | 101 ( 4.5%) |
| Median Home Value | $604,522 |
| Average Home Value | $644,983 |
Housing Distribution
Address Breakdown
Residential
1,631
Single Family
1,631
Multi-Family
0
Businesses
168
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rachel Adams • Better Properties Solutions
Mls Name: NWMLS
Mls ID: #2377711