10410 2nd Place SWSeattleWA98146
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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 10410 2nd Place SW, Seattle, WA, 98146 offers a 8.84% rental yield on a $880,000 purchase with $6,484/mo rent. Total monthly income registers $6,484/mo, and a $4,307/mo payment leaves $1,194/mo available for distribution. Annual cash flow reaches $14,332/yr on $289,520 to close, and return on cash invested stands at 25.01% in year one. Equity gained on principal adds $5,679/yr while 5% annual appreciation supports $243,128 over five years. Portfolio math shows five-year ROI at 129.94% and total cumulative return in cash at $376,196. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,484/mo property income against a $4,307/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
3,057 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
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Listed by: Rodolfo Hernandez Mcintyre • Keller Williams Rlty Bellevue
Mls Name: NWMLS
Mls ID: #2465238