3404 S 162nd StreetSeatacWA98188
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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 Seatac at 3404 S 162nd Street, Seatac, WA, 98188 listed at $685,000 pairs $4,554/mo rent with a $3,353/mo payment to leave $436/mo cash flow. Total monthly income runs $4,554/mo, and annual cash flow reaches $5,233/yr on $225,365 cash to close. Return on cash invested measures 22.38% in year one, and rental yield registers 7.98% at a $685,000 basis. Equity gained on principal adds $4,420/yr, and annual property appreciation at 5% supports $189,253 by year five. Five-year ROI tracks 115.85% and total cumulative return in cash totals $261,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,554/mo property income relative to a $3,353/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
0.26 Acres 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: Paul Lau • John L. Scott Des Moines
Mls Name: NWMLS
Mls ID: #2422700