1 Bedroom Plan, Olympic RidgeSeattleWA98122
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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
Total monthly income runs $1,394/mo, and a $1,003/mo payment. Purchase price stands at $205,000, and rental yield measures 8.16% with $1,394/mo rent. Return on cash invested shows 18.36% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 95.96% and total cumulative return in cash records $65,214. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,394/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Condo
Built in 2025
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98122, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,284 (100%) |
| Owner Occupied HU | 6,016 (23.8%) |
| Renter Occupied HU | 16,924 (66.9%) |
| Vacant Housing Units | 2,344 ( 9.3%) |
| Median Home Value | $1,148,288 |
| Average Home Value | $1,265,324 |
Housing Distribution
Address Breakdown
Residential
25,551
Single Family
7,950
Multi-Family
17,601
Businesses
1,476
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Listed by: N/A • Habitat for Humanity Seattle
Mls Name: Habitat for Humanity Seattle
Mls ID: #N/A