10341 Stone Avenue NSeattleWA98133
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 2.94% gross rental yield, 10341 Stone Avenue N, Seattle, WA, 98133 in Seattle is priced for capital growth, not immediate cash flow. The $799,999 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $221,025 by year five, with $7,368/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.55) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $119,491.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.9% | 4.8% |
| Monthly Cash Flow | $(2,848) | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,961 |
| Total Monthly Debt Service | $4,491 |
| DSCR Ratio | 0.44x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1993
5,044 sqft 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
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
Single Family
Built in 1993
5,044 sqft 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: N/A • N/A
Mls Name: NWMLS as distributed by MLS GRID
Mls ID: #2501900