3504 L PlaceSeaviewWA98644
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
Investment Highlights
Investment property for sale in Seaview at 3504 L Place, Seaview, WA, 98644 earns $131/mo cash flow from $2,830/mo rent with a $2,198/mo payment. Total monthly income totals $2,830/mo, and annual cash flow totals $1,567/yr on $148,844 capital. ROI tracks 20.96% on current figures, and rental yield reads 7.56% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 108.26% and total cumulative return in cash sums $161,140. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,830/mo property income instead of your personal income.
Single Family
Built in 1885
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98644, Seaview, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 790 (100%) |
| Owner Occupied HU | 285 (36.1%) |
| Renter Occupied HU | 111 (14.1%) |
| Vacant Housing Units | 394 (49.9%) |
| Median Home Value | $357,955 |
| Average Home Value | $441,535 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sondra Eaton • Lighthouse Realty
Mls Name: NWMLS
Mls ID: #2388999