3406 S Bow Lake DrSeatacWA98188
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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 3406 S Bow Lake Dr, Seatac, WA, 98188 uses $72,764 cash to close to unlock $20,615/yr annual cash flow and $1,718/mo monthly cash flow. Total monthly income runs $3,037/mo, and a $1,074/mo payment keeps the spread at $1,718/mo. Purchase price stands at $219,500, and rental yield measures 16.6% with $3,037/mo rent. Return on cash invested shows 48.24% in year one, and 5% annual appreciation builds toward $60,644 over five years. Five-year ROI reaches 254.51% and total cumulative return in cash records $185,194. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,037/mo property income covering a $1,074/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
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 • Bow Lake
Mls Name: My State MLS
Mls ID: #11261437