3232 S 181st Place #108SeatacWA98188
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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 Seatac at 3232 S 181st Place #108, Seatac, WA, 98188 generates $827/mo in rent and, after a $538/mo payment, leaves $166/mo in cash flow. Total monthly income is $827/mo, and annual cash flow is $1,995/yr on $36,448 invested. Return on cash invested sits at 25.38% in year one, and rental yield is 9.03% on a $109,950 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,377 over five years. Five-year ROI reaches 132.08% and total cumulative return in cash sums $48,140. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $827/mo property income rather than buyer’s personal income.
Manufactured
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98188, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,732 (100%) |
| Owner Occupied HU | 4,881 (41.6%) |
| Renter Occupied HU | 6,140 (52.3%) |
| Vacant Housing Units | 711 ( 6.1%) |
| Median Home Value | $596,030 |
| Average Home Value | $656,865 |
Housing Distribution
Address Breakdown
Residential
10,709
Single Family
5,184
Multi-Family
5,525
Businesses
1,671
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Listed by: Brandon Judy • Commonwealth Real Estate Serv.
Mls Name: NWMLS
Mls ID: #2472586