103 Bellevue Avenue E #102SeattleWA98102
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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 Seattle at 103 Bellevue Avenue E #102, Seattle, WA, 98102 listed at $420,000 pairs $2,796/mo rent with a $2,056/mo payment to leave $271/mo cash flow. Total monthly income runs $2,796/mo, and annual cash flow reaches $3,252/yr on $139,230 cash to close. Return on cash invested measures 22.24% in year one, and rental yield registers 7.99% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 115.12% and total cumulative return in cash totals $160,279. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,796/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98102, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,617 (100%) |
| Owner Occupied HU | 4,535 (24.4%) |
| Renter Occupied HU | 12,560 (67.5%) |
| Vacant Housing Units | 1,522 ( 8.2%) |
| Median Home Value | $1,367,110 |
| Average Home Value | $1,409,002 |
Housing Distribution
Address Breakdown
Residential
17,363
Single Family
3,956
Multi-Family
13,407
Businesses
799
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Listed by: Sarah Odegaard • RE/MAX Northwest
Mls Name: NWMLS
Mls ID: #2407782