10409 39th Avenue SWSeattleWA98146
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing10409 39th Avenue SW, Seattle, WA, 98146 in Seattle is a stable, well-positioned rental at $699,950. Rental yield 6.01%. DSCR 1.11 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $193,383 in value and $6,447/yr in principal paydown builds equity, a total projected return of $219,777.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 4.8% |
| Monthly Cash Flow | $(701) | $1,250 |
City averages based on Seattle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,506 |
| Total Monthly Debt Service | $3,929 |
| DSCR Ratio | 0.89x |
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 1951
9,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98146, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,440 (100%) |
| Owner Occupied HU | 6,609 (57.8%) |
| Renter Occupied HU | 4,299 (37.6%) |
| Vacant Housing Units | 532 ( 4.7%) |
| Median Home Value | $722,383 |
| Average Home Value | $838,572 |
Housing Distribution
Address Breakdown
Residential
10,786
Single Family
8,992
Multi-Family
1,794
Businesses
453
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 1951
9,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 98146, Seattle, WA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,440 (100%) |
| Owner Occupied HU | 6,609 (57.8%) |
| Renter Occupied HU | 4,299 (37.6%) |
| Vacant Housing Units | 532 ( 4.7%) |
| Median Home Value | $722,383 |
| Average Home Value | $838,572 |
Housing Distribution
Address Breakdown
Residential
10,786
Single Family
8,992
Multi-Family
1,794
Businesses
453
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: #2492261