700 N 160 Street #A308ShorelineWA98133
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 Shoreline at 700 N 160 Street #A308, Shoreline, WA, 98133 earns $332/mo cash flow from $2,675/mo rent with a $1,908/mo payment. Total monthly income totals $2,675/mo, and annual cash flow totals $3,981/yr on $129,212 capital. ROI tracks 22.99% on current figures, and rental yield reads 8.24% at a $389,779 purchase. Equity gained on principal adds $2,515/yr, and 5% annual appreciation supports $107,689 over five years. Five-year ROI reaches 119.14% and total cumulative return in cash sums $153,947. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,675/mo property income instead of your personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98133, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,476 (100%) |
| Owner Occupied HU | 11,256 (44.2%) |
| Renter Occupied HU | 12,685 (49.8%) |
| Vacant Housing Units | 1,535 ( 6.0%) |
| Median Home Value | $831,940 |
| Average Home Value | $930,805 |
Housing Distribution
Address Breakdown
Residential
23,719
Single Family
13,248
Multi-Family
10,471
Businesses
1,308
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ilir Budo • Larson Real Estate
Mls Name: NWMLS
Mls ID: #2465989